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S 5592·Federal·senate

American Promise Mortgage Act

In CommitteeFiled Sep 29, 2026
Sponsor: Sen. Merkley, Jeff [D-OR] (D)
Latest Action

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

Sep 29, 2026

Summary

The bill would establish a loan program aimed at first‑time homebuyers, providing them with financing options to purchase a home. It is intended to make homeownership more accessible for new buyers. The measure has been read twice and referred to the Senate Committee on Banking, Housing, and Urban Affairs.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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