Housing Financial Literacy Act of 2025

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6125 Introduced in House (IH)]

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119th CONGRESS
  1st Session
                                H. R. 6125

 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.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                           November 19, 2025

Mrs. Beatty (for herself, Mr. Carey, Ms. Adams, Mr. Bishop, Mr. Carson,
 Mr. Case, Ms. Clarke of New York, Mr. Cleaver, Mr. Cohen, Ms. Craig,
  Mr. Davis of North Carolina, Mr. Evans of Pennsylvania, Mr. Fields,
Mrs. Hayes, Mr. Johnson of Georgia, Ms. Johnson of Texas, Ms. Kelly of
Illinois, Mr. Krishnamoorthi, Mr. Mannion, Ms. McBride, Mr. Meeks, Ms.
Moore of Wisconsin, Mr. Mullin, Ms. Norton, Mr. David Scott of Georgia,
Mr. Smith of Washington, Mr. Thanedar, Mr. Thompson of Mississippi, and
 Ms. Tokuda) introduced the following bill; which was referred to the
                    Committee on Financial Services

_______________________________________________________________________

                                 A BILL

 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.

    Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Housing Financial Literacy Act of
2025''.

SEC. 2. DISCOUNT ON MORTGAGE INSURANCE PREMIUM PAYMENTS FOR FIRST-TIME
              HOMEBUYERS WHO COMPLETE FINANCIAL LITERACY HOUSING
              COUNSELING PROGRAMS.

    The second sentence of subparagraph (A) of section 203(c)(2) of the
National Housing Act (12 U.S.C. 1709(c)(2)(A)) is amended--
            (1) by inserting before the comma the following: ``and such
        program is completed before the mortgagor has signed an
        application for a mortgage to be insured under this title or a
        sales agreement''; and
            (2) by striking ``not exceed 2.75 percent of the amount of
        the original insured principal obligation of the mortgage'' and
        inserting ``be 25 basis points lower than the premium payment
        amount established by the Secretary under the first sentence of
        this subparagraph''.
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