Bill · H.R. 10075· House(119-HR-10075)
First-Time Homebuyer Affordability Act
- Introduced
- 8/10/2026
- Last activity
- 8/10/2026 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Darin LaHood
- Cosponsors
- - 2 - 3
- Introduced
- 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.
Who it would affect, and how
Potential Positive Impacts for People
- Qualified Mortgage Bond Exemption: By exempting qualified mortgage bonds from the volume cap in Section 2(a), the bill aims to support first-time homebuyer affordability.
Potential Negative Impacts for People
- No negative impacts for individuals or groups are explicitly mentioned in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Young Adults+8Good For Low Income Households+6Good For Middle Class Households+6Good For Rural Residents+4Good For Urban Residents+4Good For African Americans+3Good For Asian Americans+3Good For Hispanic Americans+3Good For Middle Aged+3Good For Native Americans+3Good For White Americans+3
- Social Issues And Justice
- Improves Affordable Housing+7Improves Poverty Reduction+2Reduces Homelessness+2
- Governance And Ideology
- Increase States Rights+3
- Economy And Finance
- Improves Economic Growth+2
- Environment Energy And Infrastructure
- Improves Rural Development+2
- 9/14/2026
- 1 Cosponsor added.
- 9/3/2026
- 1 Cosponsor added.
- 8/10/2026
- Referred to the House Committee on Ways and Means.
- 3 Cosponsors added.
- Introduced in House
Salud CarbajalDemocrat · California
Michael LawlerRepublican · New York
Blake MooreRepublican · Utah
Jimmy PanettaDemocrat · California
Thomas SuozziDemocrat · New York