HR 3475 · in committee · significant
Bipartisan American Homeownership Opportunity Act of 2025
- housing
What this bill does
- First-time homebuyers get a refundable tax credit up to $50,000 for down payments.
- Home builders receive tax credits of 15-30% for constructing small starter homes under 1,200 square feet.
- Credits phase out at higher incomes and must be repaid if the home is sold within five years.
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Community Threads
Started by Cosponsor
- 01
How would the five-year resale requirement affect first-time buyers who need to relocate for job opportunities or family reasons?
- 02
What evidence suggests that builder tax credits for small homes will actually increase affordable housing supply rather than reduce prices of existing homes?
- 03
Which income thresholds trigger the credit phase-out, and how does that compare to median incomes in different regions?
Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.
Sponsor · R-PA-1
Brian K. Fitzpatrick
Citizen cosponsors
0
In Congress
5/ 435
House Reps cosponsoring
Introduced 2025-05-17
Joining the bill
Legislative timeline
2025-05-17 · house · IntroReferral
Referred to the House Committee on Ways and Means.
2025-05-17 · IntroReferral
Introduced in House
2025-05-17 · IntroReferral
Introduced in House
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