United States · Bill · S
S. 2920 (117th)
Downpayment Toward Equity Act of 2021
Introduced
30 September 2021
Last action
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Status
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Sponsors
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Subjects
Discovery layer
Source updated
27 May 2026
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.
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 30 September 2021
Introduced in Senate (PDF)
Introduced in Senate · EN · 30 September 2021
Introduced in Senate
summary · EN · 30 September 2021
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/117th-congress/senate-bill/2920
- Open data entity: https://api.congress.gov/v3/bill/117/s/2920