# 117-hr-7368: Transforming Student Debt to Home Equity Act of 2022

117-hr-7368, Transforming Student Debt to Home Equity Act of 2022, is a 117th Congress bill sponsored by Rep. Kaptur, Marcy [D-OH-9] (D-OH); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/117-hr-7368
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 117-hr-7368
- Congress: 117
- Title: Transforming Student Debt to Home Equity Act of 2022
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2022-04-01
- Sponsor: Rep. Kaptur, Marcy [D-OH-9] (D-OH)
- Cosponsors: 2
- Policy area: Housing and Community Development
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Transforming Student Debt to Home Equity Act of 2022 This bill requires the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency to jointly establish and implement a pilot demonstration program to provide, to eligible applicants with federal student loan debt, assistance in purchasing eligible properties. Specifically, the program may provide for (1) discounts on the appraised value of eligible properties, (2) flexibility in certain underwriting standards, (3) the development of new mortgage products specifically targeted to eligible applicants, and (4) other appropriate assistance. The program must provide for the development of a program that uses actuarial information to determine how the repayment of federal student loans may be integrated into a mortgage repayment schedule to allow eligible applicants to accumulate home equity. An eligible property is a property (1) that is designed as a dwelling for occupancy by one to four families; (2) that is safe and habitable; (3) the occupancy of which will promote community revitalization; and (4) that is owned by HUD, the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), a local land bank, the Department of Agriculture, or the Department of Veterans Affairs.

## Cosponsors (2)

- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2022-04-01T00:00:00.000Z
- Rep. Axne, Cynthia [D-IA-3] (D-IA), 2022-04-01T00:00:00.000Z

## Related bills

- 117-hr-6833: Continuing Appropriations and Ukraine Supplemental Appropriations Act, 2023
- 117-hr-1448: PAWS for Veterans Therapy Act
- 117-hr-3537: Accelerating Access to Critical Therapies for ALS Act
- 117-hr-5142: To award posthumously a Congressional Gold Medal, in commemoration to the servicemembers who perished in Afghanistan on August 26, 2021, during the evacuation…
- 117-hr-310: To posthumously award the Congressional Gold Medal, collectively, to Glen Doherty, Tyrone Woods, J. Christopher Stevens, and Sean Smith, in recognition of thei…
- 117-hr-8404: Respect for Marriage Act

## Sources
- [117-hr-7368 on Congress.gov](https://www.congress.gov/bill/117th-congress/house-bill/7368)

## Related
- [117-hr-6833: Continuing Appropriations and Ukraine Supplemental Appropriations Act, 2023](https://policyrisk.com/legislation/117-hr-6833)
- [117-hr-1448: PAWS for Veterans Therapy Act](https://policyrisk.com/legislation/117-hr-1448)
- [117-hr-3537: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/117-hr-3537)
- [117-hr-5142: To award posthumously a Congressional Gold Medal, in commemoration to the servi…](https://policyrisk.com/legislation/117-hr-5142)
- [117-hr-310: To posthumously award the Congressional Gold Medal, collectively, to Glen Doher…](https://policyrisk.com/legislation/117-hr-310)
- [117-hr-8404: Respect for Marriage Act](https://policyrisk.com/legislation/117-hr-8404)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-hr-7368 (as of 2025-11-18).