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119-hr-6774Committee
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FHA Small-Dollar Mortgages Act

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Summary

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This bill authorizes the Secretary of Housing and Urban Development to establish a four-year pilot program to increase access to small-dollar mortgages (mortgages of $100,000 or less on primary residences). The program may include direct payments to lenders to incentivize origination, adjusted FHA terms and costs, direct grants to borrowers for down payments and closing costs, outreach efforts, and technical assistance to lenders. The bill requires annual reporting on program outcomes, risks to the Mutual Mortgage Insurance Fund, demographic data on borrowers, and regional analysis of small-dollar mortgage needs.

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Bill details

Congress
119
Bill type
hr
Introduced
December 17, 2025
Sponsor
Maxine WatersDCA
Cosponsors
1
Last action
December 17, 2025— Referred to the House Committee on Financial Services.

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