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United States · Bill · HR

H.R. 4231 (118th)

Downpayment Toward Equity Act of 2023

referredUnited States· United States Congress· EN

Introduced

21 June 2023

Last action

21 June 2023 · Introduced

Status

Referred to the House Committee on Financial Services.

Sponsors

Rep. Waters, Maxine [D-CA-43], Rep. Green, Al [D-TX-9], Rep. Garcia, Sylvia R. [D-TX-29], Rep. Pressley, Ayanna [D-MA-7], Rep. Vargas, Juan [D-CA-52], Rep. Bonamici, Suzanne [D-OR-1], Rep. Cleaver, Emanuel [D-MO-5], Rep. Moore, Gwen [D-WI-4], Rep. McGovern, James P. [D-MA-2], Rep. Torres, Ritchie [D-NY-15], Rep. Pocan, Mark [D-WI-2], Rep. Meeks, Gregory W. [D-NY-5], Rep. Williams, Nikema [D-GA-5], Rep. Lynch, Stephen F. [D-MA-8], Rep. Kamlager-Dove, Sydney [D-CA-37], Rep. Tlaib, Rashida [D-MI-12], Rep. Carbajal, Salud O. [D-CA-24], Rep. Beatty, Joyce [D-OH-3], Rep. Johnson, Henry C. "Hank" [D-GA-4], Rep. Smith, Adam [D-WA-9], Rep. Meng, Grace [D-NY-6], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. McGarvey, Morgan [D-KY-3], Rep. Pettersen, Brittany [D-CO-7], Rep. Gomez, Jimmy [D-CA-34], Rep. Horsford, Steven [D-NV-4], Rep. Scanlon, Mary Gay [D-PA-5], Rep. Crockett, Jasmine [D-TX-30], Sen. Schiff, Adam B. [D-CA], Rep. Jackson, Jonathan L. [D-IL-1], Rep. Omar, Ilhan [D-MN-5], Rep. Nickel, Wiley [D-NC-13], Rep. Pelosi, Nancy [D-CA-11], Rep. Levin, Mike [D-CA-49], Rep. Jacobs, Sara [D-CA-51], Rep. Hayes, Jahana [D-CT-5], Sen. Gallego, Ruben [D-AZ], Rep. Evans, Dwight [D-PA-3], Rep. Lieu, Ted [D-CA-36], Rep. Lee, Barbara [D-CA-12], Rep. Ramirez, Delia C. [D-IL-3], Rep. Ocasio-Cortez, Alexandria [D-NY-14], Rep. Porter, Katie [D-CA-47], Rep. Grijalva, Raúl M. [D-AZ-7], Rep. Khanna, Ro [D-CA-17], Rep. Lee, Summer L. [D-PA-12], Rep. Amo, Gabe [D-RI-1], Rep. Tokuda, Jill N. [D-HI-2]

Subjects

Housing

Source updated

9 January 2026

Housing

Official sourceDownload fileView documentsShare

Summary

Downpayment Toward Equity Act of 2023 This bill establishes a grant program through the Department of Housing and Urban Development for states and other entities to provide qualifying assistance to certain first-time, first-generation home buyers in purchasing their first homes. Qualifying assistance includes assistance for mortgage down payments, mortgage closing costs, reduction of mortgage interest rates, subsidies for shared equity homes, or for certain preoccupancy modifications to a home to accommodate persons with disabilities. The bill also establishes grant requirements regarding home buyer income, types of housing, homeowner occupancy, types of mortgages, and home buyer counseling.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 21 June 2023

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 21 June 2023

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 21 June 2023

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 21 June 2023

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 21 June 2023

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 21 June 2023

    Open at official source

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Sponsors

Showing 48 of 59 sponsors and actors.

Related records

Sources

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