Senate Proposal Offers Fifty Thousand Dollar Federal Match for New Home Buyers

By Julie Gerstein · Realtor.com · 2026-09-23

Senator Jeff Merkley has introduced the Homeownership Promise Act to address the widening affordability gap for young families. According to Realtor.com, the legislation would establish savings accounts where the federal government matches personal contributions at a five-to-one

Senator Jeff Merkley has introduced the Homeownership Promise Act to address the widening affordability gap for young families. According to Realtor.com, the legislation would establish savings accounts where the federal government matches personal contributions at a five-to-one