# 119-hr-4023: American Dream for All Act

119-hr-4023, American Dream for All Act, is a 119th Congress bill sponsored by Rep. Carbajal, Salud O. [D-CA-24] (D-CA); status introduced; PRIA reads it as touching household money (as of 2026-10-11).

- Canonical: https://policyrisk.com/legislation/119-hr-4023
- As of: 2026-10-11
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-4023
- Congress: 119
- Title: American Dream for All Act
- Status: introduced
- Introduced: 2025-06-17
- Sponsor: Rep. Carbajal, Salud O. [D-CA-24] (D-CA)
- Cosponsors: 3
- Policy area: Housing and Community Development
- Touches household money: yes
- Last recorded action: 2026-10-11

## Summary

This bill would create a HUD-administered pilot to lower upfront barriers to homeownership by funding revolving state and tribal loan funds. **Down payment assistance pilot** would give capital grants so States and Indian tribes can make repayable down-payment loans to eligible buyers. - Families and homebuyers: Eligible first-time and first-generation buyers who complete HUD-approved counseling and earn up to 150% of area median income could receive down-payment loans, with area-based caps up to $150,000 in high-cost places. - States and Indian tribes: State agencies and tribal housing agencies could receive capital grants allocated by population to seed or expand revolving State loan funds, with administrative costs limited to 15% of each grant. - Program rules and oversight: Loan repayments go back into the State fund and may include a share of appreciation when homes gain value. Entities must file annual reports and HUD must report to Congress within 1 year, with authorization to fund the pilot for fiscal years 2026 through 2030.

## Cosponsors (3)

- Rep. Costa, Jim [D-CA-21] (D-CA), 2026-10-09T00:00:00.000Z
- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2025-07-10T00:00:00.000Z
- Rep. Sherman, Brad [D-CA-32] (D-CA), 2026-04-20T00:00:00.000Z

## Provisions PRIA read

- Down payment loans for first-time buyers: benefit, high. This bill would have HUD start a pilot within one year to fund state and tribal down payment loan programs. If eligible, you could borrow 3%–20% of the purchase price, up to $150,000 (high‑cost), $100,000 (medium), or $50,000 (low); caps would adjust for inflation. You must be a U.S. citizen or law…

## Related bills

- 119-hr-9877: Health Equity and Accountability Act of 2026
- 119-hr-4275: Coast Guard Authorization Act of 2025
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-7481: Department of Homeland Security Appropriations Act, 2026
- 119-hr-7973: Momnibus Act
- 119-hr-8870: BUILD America 250 Act

## Sources
- [119-hr-4023 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/4023)

## Related
- [119-hr-9877: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-hr-9877)
- [119-hr-4275: Coast Guard Authorization Act of 2025](https://policyrisk.com/legislation/119-hr-4275)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-7481: Department of Homeland Security Appropriations Act, 2026](https://policyrisk.com/legislation/119-hr-7481)
- [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973)
- [119-hr-8870: BUILD America 250 Act](https://policyrisk.com/legislation/119-hr-8870)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-4023 (as of 2026-10-11).