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United States · Bill · HR

H.R. 4495 (117th)

Downpayment Toward Equity Act of 2021

reportedUnited States· United States Congress· EN

Introduced

16 July 2021

Last action

22 June 2022 · Committee

Status

Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 23.

Sponsors

Rep. Waters, Maxine [D-CA-43], Rep. Green, Al [D-TX-9], Rep. Pressley, Ayanna [D-MA-7], Rep. García, Jesús G. "Chuy" [D-IL-4], Rep. Garcia, Sylvia R. [D-TX-29], Rep. Axne, Cynthia [D-IA-3], Rep. Cleaver, Emanuel [D-MO-5], Rep. Velázquez, Nydia M. [D-NY-7], Rep. Lawson, Al, Jr. [D-FL-5], Rep. Ocasio-Cortez, Alexandria [D-NY-14], Rep. Tlaib, Rashida [D-MI-12], Rep. Torres, Ritchie [D-NY-15], Rep. Williams, Nikema [D-GA-5], Rep. Auchincloss, Jake [D-MA-4], Rep. Lieu, Ted [D-CA-36], Rep. Lee, Barbara [D-CA-12], Rep. Sires, Albio [D-NJ-13], Rep. Clarke, Yvette D. [D-NY-9], Rep. Evans, Dwight [D-PA-3], Rep. Espaillat, Adriano [D-NY-13], Rep. Moore, Gwen [D-WI-4], Rep. Blumenauer, Earl [D-OR-3], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Bowman, Jamaal [D-NY-16], Rep. Ross, Deborah K. [D-NC-2], Rep. Schakowsky, Janice D. [D-IL-9], Rep. Sánchez, Linda T. [D-CA-38], Rep. Gonzalez, Vicente [D-TX-34], Rep. Nadler, Jerrold [D-NY-12], Rep. Titus, Dina [D-NV-1], Rep. Hayes, Jahana [D-CT-5], Rep. Lawrence, Brenda L. [D-MI-14], Rep. Meeks, Gregory W. [D-NY-5], Rep. Napolitano, Grace F. [D-CA-32], Rep. Cohen, Steve [D-TN-9], Rep. Strickland, Marilyn [D-WA-10], Rep. Jones, Mondaire [D-NY-17], Rep. Soto, Darren [D-FL-9], Rep. Chu, Judy [D-CA-28], Marie Newman, Rep. Jackson Lee, Sheila [D-TX-18], Rep. Rush, Bobby L. [D-IL-1], Rep. Horsford, Steven [D-NV-4], Rep. Kaptur, Marcy [D-OH-9], Rep. Perlmutter, Ed [D-CO-7], Rep. Cicilline, David N. [D-RI-1], Michael San Nicolas, Rep. Payne, Donald M., Jr. [D-NJ-10]

Subjects

Housing

Source updated

10 January 2026

Housing

Official sourceDownload fileView documentsShare

Summary

Downpayment Toward Equity Act of 2021 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. 16 July 2021

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 16 July 2021

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 16 July 2021

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 22 June 2022

    Vote

    Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 23.

    Source: Committee

  5. 22 June 2022

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

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 · 16 July 2021

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  • Introduced in House (PDF)

    Introduced in House · EN · 16 July 2021

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 16 July 2021

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Sponsors

Showing 48 of 67 sponsors and actors.

Related records

Sources

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