LIFT Homebuyers Act of 2025

This bill would create a LIFT HOME program at the Federal Housing Administration and the Rural Housing Service to offer 20-year, fixed-rate home loans to first-time, first-generation homebuyers for a primary single-family home. For FHA loans, buyers would need household income at or below 120 percent of area median income, or 140 percent in high-cost areas. Loan pricing would be set so the monthly payment is between 100 and 110 percent of the payment on a comparable 30-year insured loan. The Treasury would buy securities backed by these loans and resell them. Buyers could prove eligibility by their own signed statement, and lenders acting in good faith on that statement would not be held liable. The program would cover loans with case numbers issued by December 31, 2027.

Full text and official record on Congress.gov

Sponsors

• Mark R. Warner Democrat sponsor
• 3 cosponsors