"Removing Mortgage Revenue Bonds from the Private Activity Bond cap will make housing more accessible by allowing states to offer additional lower-interest mortgages to qualifying families, opening the door to homeownership for more Utahns and Americans across the nation. I’m proud to co-lead the First-Time Homebuyer Affordability Act to lower the barrier to entry for homeownership."
Support the First-Time Homebuyer Affordability Act to exempt qualified Mortgage Revenue Bonds from the Private Activity Bond cap and expand access to lower-interest mortgages for first-time, low- to medium-income homebuyers.
Occurrences
Evidence
legacy_unverified · Source version not recorded · locator unknown
GovInfo lists H.R. 10075, the First-Time Homebuyer Affordability Act, introduced August 10, 2026 by Rep. LaHood for himself, Rep. Panetta, Rep. Moore of Utah, and Rep. Suozzi, then referred to House Ways and Means. The full title is to exempt qualified mortgage bonds from the volume cap.
legacy_unverified · Source version not recorded · locator unknown
Rep. LaHood's official release says LaHood, Panetta, Blake Moore, and Suozzi introduced the First-Time Homebuyer Affordability Act to expand access to low-interest mortgages for first-time, low- to medium-income homebuyers. Moore is quoted saying he is proud to co-lead the Act and that removing Mortgage Revenue Bonds from the PAB cap will help qualifying families.
Assessments
Moore fulfilled the promise to support the First-Time Homebuyer Affordability Act by being named as an original cosponsor and public co-lead of H.R. 10075 in the 119th Congress. The bill’s stated purpose matches the promise: exempting qualified mortgage bonds from the Private Activity Bond volume cap to expand lower-interest mortgage access for first-time, low- to medium-income homebuyers. Because the promise was framed as support for the Act rather than enactment into law, introduction and co-leadership during his current House term count as delivered in the same term.