HELPER Act of 2025
Maddy summaryThe HELPER Act of 2025 creates a new FHA mortgage insurance program specifically for first responders and teachers, allowing them to purchase homes with no down payment. It defines "first responders" as full-time law enforcement officers, firefighters, paramedics, EMTs, and K-12 teachers employed by government or accredited schools. The program requires applicants to be first-time homebuyers with 4 years of recent employment in their field, complete housing counseling, and intend to remain in their role for at least one year after closing. Mortgages under this program must be used for a primary residence, cover 100% of the home's appraised value, and exclude monthly insurance premiums.
EducationSupports EducationBill explicitly includes K-12 teachers in its FHA mortgage program, directly supporting educators through housing benefits as part of their employment support.
HousingSupports HousingCreates FHA program enabling no-down-payment home purchases for first responders/teachers, directly increasing affordable housing access for targeted groups.
In committee Mar 12, 2025
1 co-sponsor