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American Dream for All Act

In committee: it can still change before the session ends.

US HR 4023 · House Bill · 119th Congress

Stage
In committee
Started in
House
Sponsors
3
Latest action
Jun 17, 2025

What it does

The American Dream for All Act would direct the Secretary of Housing and Urban Development to establish a pilot program providing grants to states, territories, and Indian tribes to fund down payment assistance loans for eligible borrowers. These loans, ranging from 3% to 20% of a home’s purchase price and capped at $50,000 to $150,000 depending on local cost levels, would be offered to first-time or first-generation homebuyers who meet income, education, and asset limits. Repayment would be required upon home sale, with additional amounts due if the home appreciates, and funds repaid would be returned to a revolving loan fund for reuse. The program would run from fiscal years 2026 through…

AI summary · The lawmakers haven’t published an official summary of this bill yet, so 52 wrote this one from the bill’s text.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    Jun 17, 2025

  2. Committee (Current step)

    In committee · Jun 17, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

American Dream for All Act | 52