Bill gives first-time homebuyers up to $50,000 tax credit.
H.R. 3475 — Bipartisan American Homeownership Opportunity Act of 2025 · Filed by Brian Fitzpatrick (R-PA) · 5 cosponsors · Introduced May 17, 2025 · Referred to committee
Your members of Congress
Enter a ZIP to see where your representative and both senators stood on this bill.
Looked up on this device — your ZIP is never stored on our servers.
What it does
The bill creates two tax credits to help people buy homes. First-time homebuyers get up to $50,000 back on their taxes. Builders get a tax credit for building small homes under 1,200 square feet. These homes must cost no more than 80% of the area's typical home price. If someone sells the home within five years, they must pay back part of the credit.
Who it affects
First-time homebuyers get money back on their taxes to help them buy a home. Builders get tax credits for building small, affordable homes. Middle-income families have an easier time buying their first home.
One thing to notice
The bill gives money to help people buy homes. It does not say whether more homes will be built fast enough to stop prices from rising.
From the analysis of the bill text, linked under Primary records below.
Where it stands
5 cosponsors: 5 Democrats.
- May 17, 2025 — Introduced · Congress.gov: “Introduced in House”
- May 17, 2025 — Referred to House Committee on Ways and Means · Congress.gov: “Referred to the House Committee on Ways and Means”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Words to know
- first-time homebuyers — People who have never owned a home before.
- tax credit — Money the government gives back to reduce what you owe in taxes.
How this was measured
Analysis — Quorum's AI read the full bill text on Jun 8, 2026; transparency and hidden-provision scores are compared against the median of 14,206 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
As of — page rendered 2026-09-17.
“Bill gives first-time homebuyers up to $50,000 tax credit.” QuorumCivic. https://share.quorumcivic.app/bill/119/hr3475/simple Report an error