H.R. 7647
IntroducedMORE Opportunities for Homeownership Act
Plain-language analysis
Not yet analyzed.
A plain-language breakdown — including any hidden or off-intent provisions and whether the bill was fast-tracked — is generated separately and reviewed before publishing. It will appear here once ready. Until then, the verbatim text below and the official source are the record.
Full text of the bill
Official source on Congress.gov ↗[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 7647 Introduced in House (IH)]
<DOC>
119th CONGRESS 2d Session H. R. 7647
To amend the Federal Home Loan Bank Act to expand homeownership access, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
February 23, 2026
Mr. Vicente Gonzalez of Texas (for himself and Mr. Fitzpatrick) introduced the following bill; which was referred to the Committee on Financial Services
_______________________________________________________________________
A BILL
To amend the Federal Home Loan Bank Act to expand homeownership access, and for other purposes.
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This Act may be cited as the ``Minimizing Outdated Restrictions that Exclude Opportunities for Homeownership Act'' or the ``MORE Opportunities for Homeownership Act''.
SEC. 2. EXPANDING HOMEOWNERSHIP ACCESS THROUGH COMMUNITY FINANCIAL INSTITUTIONS.
Section 2(10)(A)(i) of the Federal Home Loan Bank Act (12 U.S.C. 1422(10)(A)(i)) is amended by inserting after ``Federal Deposit Insurance Act'' the following ``or Federal Credit Union Act''. <all>