WHAT THE LAW DOINCongress, in plain words

H.R. 4069 · 119th Congress

Downpayment Toward Equity Act of 2025

IntroducedFinance and Financial Sector
IntroducedJun 23, 2025
Passed HouseNot yet
Passed SenateNot yet
To PresidentNot yet
Became lawNot yet

Where it stands

Introduced. Latest step, Jun 23, 2025: Referred to the House Committee on Financial Services. It would change 0 sections of existing law and would add 11 new provisions of its own.

How this bill changes the law

Sourced

H.R. 4069 doesn't change any existing section of law. It would create 11 new provisions of its own. Read from the bill text as introduced in the House (Jun 23, 2025).

New provisions of the bill's own

  • Sec. 2 First-generation downpayment assistance program
  • Sec. 3 Qualified homebuyers
  • Sec. 4 Eligible homes
  • Sec. 5 Eligible mortgage loans
  • Sec. 6 Housing counseling requirement
  • Sec. 7 Administrative costs
  • Sec. 8 Reports
  • Sec. 9 Compelling interest study
  • Sec. 10 Definitions
  • Sec. 11 Implementation
  • Sec. 12 Authorization of appropriations
What the words would change: every change, in place (0)

Today's wording of each part of the law, with what would be struck out and added. Each change also gives the bill's own instruction, word for word.

    From the bill's official text on GovInfo and the U.S. Code, latest edition, which may not yet show changes made since.

    What it does

    Sourced

    The Congressional Research Service hasn't published a summary of this bill yet. They usually follow within weeks of introduction.

    Our plain-language breakdown, with what it means for you and the case for and against, is written once a bill starts to move.

    What has happened

    Sourced
    1. Jun 23, 2025Referred to the House Committee on Financial Services.House floor actions
    2. Jun 23, 2025Introduced in HouseLibrary of Congress
    3. Jun 23, 2025Introduced in HouseLibrary of Congress

    Show key steps only

    Cosponsors

    • Yassamin Ansari D-AZ-3
    • Joyce Beatty D-OH-3
    • Everton Blair Jr. D-GA-13
    • Salud O. Carbajal D-CA-24
    • André Carson D-IN-7
    • Emanuel Cleaver D-MO-5
    • Dwight Evans D-PA-3
    • Cleo Fields D-LA-6
    • Valerie P. Foushee D-NC-4
    • Sylvia R. Garcia D-TX-29
    • Al Green D-TX-9
    • Adelita S. Grijalva D-AZ-7
    Show 17 more cosponsors
    • Teresa Leger Fernandez D-NM-3
    • Seth Magaziner D-RI-2
    • James P. McGovern D-MA-2
    • Seth Moulton D-MA-6
    • Eleanor Holmes Norton D-DC-At Large
    • Ilhan Omar D-MN-5
    • Brittany Pettersen D-CO-7
    • Ayanna Pressley D-MA-7
    • Delia C. Ramirez D-IL-3
    • Emily Randall D-WA-6
    • Emilia Strong Sykes D-OH-13
    • Rashida Tlaib D-MI-12
    • Ritchie Torres D-NY-15
    • Lauren Underwood D-IL-14
    • Juan Vargas D-CA-52
    • Nikema Williams D-GA-5
    • Frederica S. Wilson D-FL-24