RepublicanBill · H.R. 10075· House(119-HR-10075)

First-Time Homebuyer Affordability Act

Rep. LaHood
Age: 58 years
Illinois
Introduced
8/10/2026
Last activity
8/10/2026 — Referred to the House Committee on Ways and Means.
Sponsored by
Darin LaHood
Cosponsors
Republican - 2Democrat - 3
Taxation
  1. Introduced
  2. In Committee

What this bill would do

The "First-Time Homebuyer Affordability Act" is a bill introduced to amend the Internal Revenue Code of 1986. Its main purpose is to exempt qualified mortgage bonds from the volume cap. These changes would apply to obligations issued after the date the Act is enacted.

Yes· 3 of 17

  • Would people in their twenties and thirties be better off under this?+8

    Young adults are the primary demographic for first-time homebuyer programs.

  • Does this make housing cost less?+7

    Removing the volume cap on qualified mortgage bonds increases funding for first-time homebuyer affordability.

  • Would households on low incomes be better off under this?+6

    Increases affordability and access to financing for low-to-moderate income buyers.

The opposite

No question was scored the opposite.