H.R. 3475: Bipartisan American Homeownership Opportunity Act of 2025

H.R. 3475 is a federal bill in the 119th Congress. This bill creates two new tax credits. First, it allows first-time homebuyers to claim a tax credit for their down payment, up to $50,000. This means that before this bill, first-time homebuyers did not have a federal tax credit specifically for down… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.