HB4899: Housing Financial Literacy Act of 2023
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
Here is how to read this bill
Start with the summary
It says what the bill does in plain language. The official text is one tab over.
Check where it is
The status badge says how far it has gotten. The History tab lists every step.
Follow it
We will email you when it moves. You need a free account.
Tell someone who votes on it
Email or call the sponsor, or find your own representatives, from the actions panel.
Bill information
Summary
To require the Secretary of Housing and Urban Development to discount FHA single-family mortgage insurance premium payments for first-time homebuyers who complete a financial literacy housing counseling program.
Plain-language summary
The Housing Financial Literacy Act of 2023 requires the Secretary of Housing and Urban Development to lower FHA mortgage insurance premiums for first-time homebuyers who complete an approved financial literacy and housing counseling program. FHA mortgage insurance protects lenders if borrowers default on loans, and premiums are paid by borrowers. The bill aims to incentivize homebuyers to gain financial knowledge before purchasing. The bill was introduced in Congress and is currently awaiting review.
AI-generated summary
What can I do?
It's early in the process — messages to the sponsor and your representatives carry the most weight right now.
Contact Your Representatives
Calling or emailing is the most direct way to weigh in — offices tally constituent contacts.
Find Your RepresentativesShare This Bill
Sharing helps others in your district get informed and involved.
HB4899: Housing Financial Literacy Act of 2023
Upcoming hearings & events
Sponsors
Joyce Beatty
Primary SponsorCo-sponsors (12)
Mike Carey
Colin Allred
Emanuel Cleaver
Yvette Clarke
Eleanor Norton