I 
119TH CONGRESS 
1ST SESSION H. R. 2064 
To require the Secretary of Housing and Urban Development to establish 
a program to provide homeownership assistance grants, and for other 
purposes. 
IN THE HOUSE OF REPRESENTATIVES 
MARCH 11, 2025 
Ms. LEGER FERNANDEZ (for herself, Mr. COSTA, Mr. GARCI´A of Illinois, Mr. 
GARCIA of California, Ms. LOIS FRANKEL of Florida, Mr. JOHNSON of 
Georgia, Ms. MCCOLLUM, Ms. NORTON, Mrs. RAMIREZ, Ms. SCANLON, 
and Ms. STANSBURY) introduced the following bill; which was referred to 
the Committee on Financial Services, and in addition to the Committee 
on Ways and Means, for a period to be subsequently determined by the 
Speaker, in each case for consideration of such provisions as fall within 
the jurisdiction of the committee concerned 
A BILL 
To require the Secretary of Housing and Urban Development 
to establish a program to provide homeownership assist-
ance grants, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Home of Your Own 
Act of 2025’’. 
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SEC. 2. ESTABLISHMENT OF HOMEOWNERSHIP ASSIST-
ANCE GRANT PROGRAM. 
(a) IN GENERAL.—The Secretary of Housing and 
Urban Development shall, not later than 1 year after the 
date of the enactment of this Act, establish a homeowner-
ship assistance grant program through which amounts are 
provided to States and Indian tribes to assist the purchase 
of eligible homes by eligible persons. 
(b) ALLOCATION OF AMOUNTS.— 
(1) IN GENERAL.—The Secretary shall reserve 
3 percent of any amounts appropriated under this 
Act, for a fiscal year, for grants to Indian tribes in 
accordance with the formula established by the Sec-
retary pursuant to section 302 of the Native Amer-
ican Housing Assistance and Self-Determination Act 
of 1996 (25 U.S.C. 4152). 
(2) REMAINING
AMOUNTS.—After reserving 
such amounts for Indian tribes under paragraph (1), 
the Secretary shall equitably allocate remaining 
amounts to participating States in accordance with 
a formula established by the Secretary by rule. 
(c) USE OF AMOUNTS.— 
(1) IN
GENERAL.—States and Indian tribes 
that receive amounts under this Act shall use such 
amounts to provide assistance on behalf of eligible 
persons for— 
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(A) costs incurred acquiring an ownership 
interest in an eligible home by means of an eli-
gible mortgage loan, including downpayment 
costs, closing costs, and costs to reduce interest 
rates on such loan; or 
(B) pre-occupancy repairs or modifications 
required for a member of the household of the 
homebuyer to occupy the home following such 
acquisition, including repairs to bring the home 
up to inspection standards and costs associated 
with reasonable accommodations or reasonable 
modifications for a household member with a 
disability, when applicable. 
(2) AMOUNT OF ASSISTANCE.—States and In-
dian tribes that receive amounts under this Act may 
provide assistance only once on behalf of an eligible 
person and the amount of such assistance provided 
on behalf of such eligible person shall be $30,000. 
(d) LAYERING OF ASSISTANCE.—States and Indian 
tribes that receive amounts under this Act may provide 
assistance on behalf of an eligible person who is receiving 
assistance from other sources, including other State, Fed-
eral, Indian tribe, tribal organization, private and public 
tax-exempt nonprofit organizations, for acquisition of an 
ownership interest in an eligible home. 
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(e) REPAYMENT OF ASSISTANCE IF OCCUPANCY NOT 
CONTINUED.— 
(1) IN GENERAL.—If an eligible person does 
not continue to occupy, as a primary residence, the 
eligible home for which the covered person receives 
assistance under this Act for the 60-month period 
beginning when the covered person is able to law-
fully occupy the eligible home, the Secretary shall re-
quire the eligible person to repay the assistance re-
ceived in an amount that is proportional to the num-
ber of months the eligible person did not occupy the 
eligible home as a primary residence. 
(2) EXCEPTIONS.—The Secretary may not re-
quire an eligible person to repay assistance under 
paragraph (1) if the Secretary determines that— 
(A) a hardship as described by the Sec-
retary prevents the eligible person from occu-
pying the eligible home as the primary resi-
dence; or 
(B) any amount received by the eligible 
person from an arm’s length transaction selling 
the entirety of the ownership interest in the eli-
gible home of the homebuyer to a bona fide 
purchaser is less than the original cost of acqui-
sition of the home, including closing costs. 
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