Summary
House Republicans have introduced a plan with 15 steps to make it easier for more Americans to own homes. The plan aims to tackle the high costs of buying a home, which became more challenging during the COVID-19 pandemic. The proposal includes changes to federal housing programs and taxes to help first-time buyers and others struggling with current prices.
Key Facts
- The U.S. homeownership rate was at 65% in mid-2025, a drop since late 2019.
- President Donald Trump has mentioned plans for aggressive housing reforms.
- The "Pathway to Homeownership" is part of a proposed second reconciliation bill by House Republicans.
- One measure involves "The Don Payment Program," offering low down payment options through the FHA.
- Another measure proposes selling or leasing unused federal properties at low rates to boost affordable housing.
- The plan includes removing capital gains tax for first-time homebuyers.
- It suggests imposing taxes on foreign nationals buying U.S. properties for investment.
- The proposal seeks to end the Child Tax Credit marriage penalty.
