Introduced. Latest step, Mar 11, 2025: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. It would change 0 sections of existing law and would add 11 new provisions of its own.
How this bill changes the law
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S. 967 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 Senate (Mar 11, 2025).
adds
changes words
removes or repeals
renumbers
Dashed lines: proposed, not law.
S. 967Bill
11 provisions create new law of their ownnew law
New provisions of the bill's own
Sec. 2 Definitions
Sec. 3 First-generation downpayment assistance program
Sec. 4 Qualified homebuyers
Sec. 5 Eligible homes
Sec. 6 Eligible mortgage loans
Sec. 7 Housing counseling requirement
Sec. 8 Administrative costs
Sec. 9 Reports
Sec. 10 Compelling interest study
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
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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
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Mar 11, 2025Introduced in SenateLibrary of Congress