H.R.10084

First Time Homebuyer Debt Reduction Act

Introduced·8/13/26

Prefiled

Introduced8/13/26

Chamber Passed

Final Passage

Complete

Introduced

Introduced in House · August 13, 2026

August 13, 2026

Mr. Crank introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To require that certain payments to Federal student loans to the buyer of a home be classified as a financial concession by the Federal National Mortgage Association and the Federal Home Loan Mortgage Association.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “First Time Homebuyer Debt Reduction Act”.

HR10084 U.S. House: First Time Homebuyer Debt Reduction Act