Housing Financial Literacy Act of 2025
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsors
- +32
- Latest action
- Nov 19, 2025
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What it does
The Housing Financial Literacy Act of 2025 would require the Secretary of Housing and Urban Development to reduce FHA mortgage insurance premiums by 25 basis points for first-time homebuyers who complete a financial literacy housing counseling program before signing a mortgage application or sales agreement. The bill amends the National Housing Act to establish this discount, aiming to incentivize financial education among new homebuyers. It affects first-time homebuyers seeking FHA-insured mortgages and the entities administering FHA loan programs. The change replaces the current cap of 2.75% on premiums with a formula that sets the premium 25 basis points below the standard amount established by the Secretary.
AI summary · The lawmakers haven’t published an official summary of this bill yet, so 52 wrote this one from the bill’s text.
What moved
Who is involved
- Rep. Beatty, Joyce [D-OH-3]Lead sponsor
- Del. Norton, Eleanor Holmes [D-DC-At Large]Co-sponsor
- Rep. Adams, Alma S. [D-NC-12]Co-sponsor
- Rep. Bishop, Sanford D. [D-GA-2]Co-sponsor
- Rep. Carey, Mike [R-OH-15]Co-sponsor
- Rep. Carson, André [D-IN-7]Co-sponsor
Sponsors
The lawmakers who put their names on it, lead sponsors first.
- Rep. Beatty, Joyce [D-OH-3]
- Del. Norton, Eleanor Holmes [D-DC-At Large]
- Rep. Adams, Alma S. [D-NC-12]
- Rep. Bishop, Sanford D. [D-GA-2]
- Rep. Carey, Mike [R-OH-15]
- Rep. Carson, André [D-IN-7]
- Rep. Case, Ed [D-HI-1]
- Rep. Clarke, Yvette D. [D-NY-9]
- Rep. Cleaver, Emanuel [D-MO-5]
- Rep. Cohen, Steve [D-TN-9]
- Rep. Correa, J. Luis [D-CA-46]
- Rep. Craig, Angie [D-MN-2]
- Rep. Davis, Donald G. [D-NC-1]
- Rep. Evans, Dwight [D-PA-3]
- Rep. Fields, Cleo [D-LA-6]
- Rep. Hayes, Jahana [D-CT-5]
- Rep. Houlahan, Chrissy [D-PA-6]
- Rep. Johnson, Henry C. "Hank" [D-GA-4]
- Rep. Johnson, Julie [D-TX-32]
- Rep. Kelly, Robin L. [D-IL-2]
- Rep. Krishnamoorthi, Raja [D-IL-8]
- Rep. Mannion, John W. [D-NY-22]
- Rep. McBride, Sarah [D-DE-At Large]
- Rep. Meeks, Gregory W. [D-NY-5]
- Rep. Min, Dave [D-CA-47]
- Rep. Moore, Gwen [D-WI-4]
- Rep. Mullin, Kevin [D-CA-15]
- Rep. Scott, David [D-GA-13]
- Rep. Smith, Adam [D-WA-9]
- Rep. Stevens, Haley M. [D-MI-11]
- Rep. Subramanyam, Suhas [D-VA-10]
- Rep. Sykes, Emilia Strong [D-OH-13]
- Rep. Thanedar, Shri [D-MI-13]
- Rep. Thompson, Bennie G. [D-MS-2]
- Rep. Titus, Dina [D-NV-1]
- Rep. Tokuda, Jill N. [D-HI-2]
In the news
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Work with this bill
Where it goes next
While a bill can still move, the questions are about people and money.
- Who sits in the seats that vote on itA roster is not a certified tally, and a filing is not a place on the ballot.
- Who funds the people decidingA receipt is not backing. A contribution does not establish a policy motive.
- Who is paid to be heardNaming an institution is the filer's account, not a record of any meeting.
- Bills still moving in CongressNewest first, the ones that can still change