# 119-hr-3475: Bipartisan American Homeownership Opportunity Act of 2025

119-hr-3475, Bipartisan American Homeownership Opportunity Act of 2025, is a 119th Congress bill sponsored by Rep. Fitzpatrick, Brian K. [R-PA-1] (R-PA); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-3475
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-3475
- Congress: 119
- Title: Bipartisan American Homeownership Opportunity Act of 2025
- Status: introduced
- Introduced: 2025-05-17
- Sponsor: Rep. Fitzpatrick, Brian K. [R-PA-1] (R-PA)
- Cosponsors: 5
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Expands homeownership with two new federal tax credits.** This bill would create a first-time homebuyer tax credit tied to down payments and a separate starter home construction credit to subsidize building smaller, lower-priced homes. - First-time homebuyers: Would receive a credit equal to their down payment, up to $50,000. The credit is reduced for higher incomes above set MAGI thresholds and can be recaptured if the home stops being the primary residence within 5 years. - Builders of starter homes: Would get a credit equal to 15% of qualified construction costs, rising to 30% if the unit is sold to a first-time buyer. The credit targets smaller, lower-priced units with statutory size and price limits. - State housing agencies and lenders: State agencies would receive annual allocation ceilings that add unused prior-year amounts plus 30 times the state population. Banks holding advance escrow payments must return unused funds in about 180 days and may face new IRS reporting requirements.

## Cosponsors (5)

- Rep. Golden, Jared F. [D-ME-2] (D-ME), 2025-05-17T00:00:00.000Z
- Rep. Vasquez, Gabe [D-NM-2] (D-NM), 2025-09-02T00:00:00.000Z
- Rep. Vindman, Eugene Simon [D-VA-7] (D-VA), 2025-10-08T00:00:00.000Z
- Rep. Harder, Josh [D-CA-9] (D-CA), 2025-10-17T00:00:00.000Z
- Rep. Thanedar, Shri [D-MI-13] (D-MI), 2025-10-31T00:00:00.000Z

## Provisions PRIA read

- Up to $50K credit for first-time buyers: benefit, high. If enacted, first-time homebuyers would get a federal tax credit equal to their down payment, up to $50,000. The credit would phase out as prior-year modified AGI rises above $300,000 (married filing jointly), $225,000 (head of household), or $150,000 (others), and would reach zero $100,000 later.…
- Tax credit to build starter homes: benefit, high. If enacted, builders could claim a business tax credit equal to 15% of qualified labor and material costs to construct a home. The credit would be 30% if the unit is sold to a first-time homebuyer. To qualify, the unit must be 1,200 square feet or less, sell for no more than 80% of the area median…

## Related bills

- 119-hr-9877: Health Equity and Accountability Act of 2026
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-2725: Affordable Housing Credit Improvement Act of 2025
- 119-hr-20: Richard L. Trumka Protecting the Right to Organize Act of 2025
- 119-hr-2086: Rights for the TSA Workforce Act
- 119-hr-4669: FEMA Act of 2025

## Sources
- [119-hr-3475 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/3475)

## Related
- [119-hr-9877: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-hr-9877)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-2725: Affordable Housing Credit Improvement Act of 2025](https://policyrisk.com/legislation/119-hr-2725)
- [119-hr-20: Richard L. Trumka Protecting the Right to Organize Act of 2025](https://policyrisk.com/legislation/119-hr-20)
- [119-hr-2086: Rights for the TSA Workforce Act](https://policyrisk.com/legislation/119-hr-2086)
- [119-hr-4669: FEMA Act of 2025](https://policyrisk.com/legislation/119-hr-4669)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-3475 (as of 2026-04-21).