Bills · HR 4680
IN COMMITTEE· 119TH CONGRESS
House BillHR 4680Finance and Financial Sector
Access to Homeownership Act
INTRO JUL 23· LAST ACTION JUL 23
READING
3MIN
COSPONSORS
6
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it addresses a significant barrier for many Americans trying to improve their financial standing: building a strong credit history. For many, rent is their largest monthly expense, yet consistently paying it on time often doesn't help their credit score, unlike mortgage payments or credit card bills. If this bill becomes law, millions of renters who faithfully pay their rent could see their credit scores improve.
Better credit scores can lead to lower interest rates on car loans, personal loans, and credit cards, and could make it easier to rent future apartments or even qualify for a mortgage to buy a home. Without this bill, many renters continue to miss out on having their responsible financial behavior recognized, making it harder for them to access financial products and achieve homeownership. It aims to level the playing field by acknowledging a common, reliable form of payment.
KEY PROVISIONS
4AI-extractedPROVISION 01
Requires owners of apartment buildings with federally-backed mortgages to offer tenants the option to report positive rent payments to credit bureaus.
This allows millions of renters to use their on-time rent payments to build or improve their credit history.
PROVISION 02
Mandates that if a tenant agrees, up to 24 months of their past positive rent payments must be reported to credit agencies.
This provides a significant historical record of responsible payment behavior, quickly boosting credit scores for those with a consistent history.
PROVISION 03
Stipulates that positive rent payments must be considered when evaluating applications for FHA-insured mortgages.
This directly helps renters transition to homeownership by making their rental history a factor in qualifying for a government-backed home loan.
PROVISION 04
Requires the large federal housing enterprises (like Fannie Mae and Freddie Mac) to cover the administrative costs of reporting these payments.
This ensures property owners aren't burdened with extra costs, making the program more feasible to implement.
SPONSORSHIP
1 + 6
D· Texas
YRS IN OFFICE
1
BILLS LED
27
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 6 REP 0 IND 0
ACTION TIMELINE
2 EVENTSJUL 23
Introduced in House
JUL 23
Referred to the House Committee on Financial Services.
BILL INFO
TypeHouse Bill
NumberHR 4680
Congress119th
StatusIn Committee
IntroducedJul 23, 2025
Last actionJul 23, 2025
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IN COMMITTEE· 119TH CONGRESS · FINANCIAL SERVICES COMMITTEE · INTRODUCED JUL 23, 2025
House BillHR 4680Finance and Financial Sector
Access to Homeownership Act
INTRODUCED JUL 23, 2025· LAST ACTION JUL 23, 2025
PASSAGE CHANCES
—%
READING
3 min
COSPONSORS
6
COMPLEXITY
Moderate
