# 119-hr-2064: Home of Your Own Act of 2025 119-hr-2064, Home of Your Own Act of 2025, is a 119th Congress bill sponsored by Rep. Leger Fernandez, Teresa [D-NM-3] (D-NM); status introduced; PRIA reads it as touching household money (as of 2026-10-07). - Canonical: https://policyrisk.com/legislation/119-hr-2064 - As of: 2026-10-07 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: 119-hr-2064 - Congress: 119 - Title: Home of Your Own Act of 2025 - Status: introduced - Introduced: 2025-03-11 - Sponsor: Rep. Leger Fernandez, Teresa [D-NM-3] (D-NM) - Cosponsors: 14 - Policy area: Housing and Community Development - Touches household money: yes - Last recorded action: 2026-10-07 ## Summary **A national homeownership assistance grant program** would provide one-time federal grants to help eligible people buy and occupy homes. HUD would run the program and direct funds to States and Indian tribes to fund down payments, closing costs, interest-rate reductions, and necessary pre-occupancy repairs. - Families and prospective homeowners: Eligible people could get a one-time grant up to $30,000 to cover a down payment, closing costs, actions to reduce interest rates, and repairs or disability accommodations before moving in. - States and Indian tribes: Grants would flow to States and to Indian tribes with a 3 percent reservation of any annual appropriations for tribes under the Native American Housing Assistance and Self-Determination Act of 1996 (NAHASDA) section 302, and remaining funds would be allocated to States by formula. - Recipients and program durability: Recipients who stop using the home as their primary residence within 60 months must repay a prorated amount, with hardship and low-sale-proceeds exceptions. The Secretary may place liens to recapture funds for future grants and the assistance is excluded from gross income for tax purposes. ## Cosponsors (14) - Rep. Sykes, Emilia Strong [D-OH-13] (D-OH), 2026-10-05T00:00:00.000Z - Rep. Costa, Jim [D-CA-21] (D-CA), 2025-03-11T00:00:00.000Z - Rep. García, Jesús G. "Chuy" [D-IL-4] (D-IL), 2025-03-11T00:00:00.000Z - Rep. Garcia, Robert [D-CA-42] (D-CA), 2025-03-11T00:00:00.000Z - Rep. Frankel, Lois [D-FL-22] (D-FL), 2025-03-11T00:00:00.000Z - Rep. Johnson, Henry C. "Hank" [D-GA-4] (D-GA), 2025-03-11T00:00:00.000Z - Rep. McCollum, Betty [D-MN-4] (D-MN), 2025-03-11T00:00:00.000Z - Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2025-03-11T00:00:00.000Z - Rep. Ramirez, Delia C. [D-IL-3] (D-IL), 2025-03-11T00:00:00.000Z - Rep. Scanlon, Mary Gay [D-PA-5] (D-PA), 2025-03-11T00:00:00.000Z - Rep. Stansbury, Melanie A. [D-NM-1] (D-NM), 2025-03-11T00:00:00.000Z - Rep. Latimer, George [D-NY-16] (D-NY), 2025-03-24T00:00:00.000Z - Rep. Hayes, Jahana [D-CT-5] (D-CT), 2025-07-14T00:00:00.000Z - Rep. Goldman, Daniel S. [D-NY-10] (D-NY), 2025-11-04T00:00:00.000Z ## Provisions PRIA read - New $6.7 billion homebuyer grants: benefit, high. This bill would require HUD to set up a homebuyer grant program within one year. It would authorize about $6.7 billion each year for 2026–2030. HUD would reserve 3% for Indian tribes and could use up to 3% for training. States would get the rest by formula to help eligible first-time buyers. - Up to $30,000 for buying costs: benefit, high. You could get a one-time grant up to $30,000. It could cover your down payment, closing costs, interest‑rate buy downs, and needed repairs or disability modifications before you move in. You could combine this help with other aid, and the bill says these funds would not count as a prohibited source… - No income tax on this grant: benefit, high. This grant would be excluded from federal income tax. You would not report it as taxable income if the bill becomes law. That could lower your tax bill on the help you receive. - Repay grant if you move early: cost, high. You would need to live in the home as your primary residence for 60 months after you can legally occupy it. If you leave early, you could owe back part of the grant equal to the months not lived there divided by 60. The State or tribe could place a lien to get the money back. HUD could waive paybac… - Who qualifies and what homes count: mixed, high. To qualify, you would need to be a first-time buyer and under local income limits. In most areas the cap is 120% of area median income; in high-cost areas HUD could allow up to 150%. On tribal land, the 120% cap uses the higher of U.S. or local median income. The home must be 1–4 units (including c… - State and tribal rules for grants: mixed, low. States and tribes would have to file annual plans on how they will run the program. States would send at least 25% of funds through CDFIs. States could use up to 7% for admin; tribes up to 10%. HUD could allow contracts with approved nonprofits, CDFIs, or tribal housing entities. Tribes could prefe… ## Related bills - 119-hr-9877: Health Equity and Accountability Act of 2026 - 119-hr-7973: Momnibus Act - 119-hr-7977: Energy Bills Relief Act - 119-hr-51: Washington, D.C. Admission Act - 119-hr-20: Richard L. Trumka Protecting the Right to Organize Act of 2025 - 119-hr-5390: FAMILY Act ## Sources - [119-hr-2064 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/2064) ## Related - [119-hr-9877: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-hr-9877) - [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973) - [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977) - [119-hr-51: Washington, D.C. Admission Act](https://policyrisk.com/legislation/119-hr-51) - [119-hr-20: Richard L. Trumka Protecting the Right to Organize Act of 2025](https://policyrisk.com/legislation/119-hr-20) - [119-hr-5390: FAMILY Act](https://policyrisk.com/legislation/119-hr-5390) - [All bills in Congress](https://policyrisk.com/legislation) Source: PRIA, https://policyrisk.com/legislation/119-hr-2064 (as of 2026-10-07).