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SB4861Introduced in the Senate

Housing Financial Literacy Act of 2026

IntroducedSenate Banking, Housing, And Urban Affairs

Introduced by Gary Peters, District MI

What does this bill do?

Plain-English breakdown

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Official description

A bill to require the Secretary of Housing and Urban Development to discount FHA single-family mortgage insurance premium payments for first-time homebuyers who complete a financial literacy housing counseling program.

Where it stands

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

June 23, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

Citizen Voice

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Bill history

  1. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

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