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Downpayment Toward Equity Act of 2025

7/15/2025, 11:03 AM

Summary of Bill HR 4069

H.R. 4069 of the 119th Congress, introduced on June 23, 2025, aims to offer downpayment assistance specifically to first-generation homebuyers with the goal of addressing multigenerational disparities in accessing homeownership and working towards reducing and ultimately eliminating the racial gap in homeownership rates in the United States.

Current Status of Bill HR 4069

Bill HR 4069 is currently in the status of Bill Introduced since June 23, 2025. Bill HR 4069 was introduced during Congress 119 and was introduced to the House on June 23, 2025.  Bill HR 4069's most recent activity was Referred to the House Committee on Financial Services. as of June 23, 2025

Bipartisan Support of Bill HR 4069

Total Number of Sponsors
5
Democrat Sponsors
5
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
31
Democrat Cosponsors
31
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4069

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 4069

To provide downpayment assistance to first-generation homebuyers to address multigenerational inequities in access to homeownership and to narrow and ultimately close the racial homeownership gap in the United States, and for other purposes.
To provide downpayment assistance to first-generation homebuyers to address multigenerational inequities in access to homeownership and to narrow and ultimately close the racial homeownership gap in the United States, and for other purposes.

Comments

Sara Koch profile image

Sara Koch

640

7 months ago

I can't wait for this new bill to help make things more fair for everyone. It's gonna be great for us all!