CONGRESS FOR VOTERS

DemocratBill · H.R. 7647· House(119-HR-7647)

MORE Opportunities for Homeownership Act

Rep. Gonzalez
Age: 59 years
Texas
Introduced
2/23/2026
Last activity
2/23/2026 — Referred to the House Committee on Financial Services.
Sponsored by
Vicente Gonzalez
Cosponsors
Democrat - 2Republican - 1
Finance and Financial Sector
  1. Introduced
  2. In Committee

What this bill would do

This bill is titled the "Minimizing Outdated Restrictions that Exclude Opportunities for Homeownership Act." Its primary purpose is to amend the Federal Home Loan Bank Act to expand access to homeownership. The legislation achieves this by modifying specific language within the existing law. Specifically, it proposes to include the Federal Credit Union Act alongside the Federal Deposit Insurance Act.

Yes· 3 of 6

  • Does this make housing cost less?+3

    The bill aims to expand homeownership access by amending the Federal Home Loan Bank Act to include credit unions.

  • Would households on low incomes be better off under this?+2

    Expanded access to homeownership through community financial institutions can benefit low-income households seeking stability.

  • Would middle-income households be better off under this?+2

    The bill facilitates easier access to homeownership opportunities for middle-income families through credit unions.

The opposite

No question was scored the opposite.