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First Home Affordability Act

2/11/2026, 5:27 PM

Summary of Bill HR 7160

The First Home Affordability Act, designated as H.R. 7160 in the 119th Congress and introduced on January 20, 2026, aims to address issues related to affordable housing. Specific details of the provisions, directives, or actions proposed in the bill are not provided in the context object. For more in-depth information, the official PDF version of the bill can be accessed at the following link: [First Home Affordability Act PDF](https://www.congress.gov/119/bills/hr7160/BILLS-119hr7160ih.pdf)

Read the Full Bill

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Current Status of Bill HR 7160

Bill HR 7160 is currently in the status of Bill Introduced since January 20, 2026. Bill HR 7160 was introduced during Congress 119 and was introduced to the House on January 20, 2026.  Bill HR 7160's most recent activity was Referred to the House Committee on Ways and Means. as of January 20, 2026

Bipartisan Support of Bill HR 7160

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 7160

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 7160

To amend the Internal Revenue Code of 1986 to establish the first-time homebuyer refundable tax credit.
To amend the Internal Revenue Code of 1986 to establish the first-time homebuyer refundable tax credit.

Comments

Sponsors and Cosponsors of HR 7160

Raja Krishnamoorthi
Raja Krishnamoorthi
IllinoisDemocrat

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