Sponsors (16)
The bill expands housing and mortgage access and reduces administrative uncertainty for DACA recipients (including veterans), while increasing federal fiscal exposure, demand on limited housing resources, and implementation complexity.
DACA recipients (including eligible veterans) gain direct access to federally-backed mortgage programs (FHA, USDA, Fannie Mae/Freddie Mac-backed loans and VA-guaranteed loans), making homebuying materially more attainable.
DACA recipients who qualify can access federal assisted housing and other covered financial assistance, reducing housing cost burdens and improving housing stability for individuals and mixed-status families.
The bill clarifies underwriting and entitlement rules for lenders, secondary-market participants, and the VA, reducing administrative uncertainty and helping speed determinations and lending decisions.
Taxpayers face increased fiscal exposure because broader access to federally insured/guaranteed mortgages, VA loan guarantees, and subsidized housing could raise program costs and credit risk for federal insurers/guarantors.
Some DACA recipients may still encounter immigration-related limits on work authorization or benefits that impair income stability, increasing mortgage default risk and potential losses for lenders or taxpayers.
Implementing the changes will require legal and administrative adjustments by lenders, secondary-market entities, the VA, and state/local governments, creating complexity, transitional costs, and potential operational disruption.
Based on analysis of 4 sections of legislative text.
Makes DACA recipients (as of enactment) eligible for federal assisted housing and prevents FHA, USDA, Fannie Mae, Freddie Mac, and VA loan programs from denying single-family mortgage or VA loan entitlement based on DACA status.
Official title: To amend the National Housing Act and title 38, United States Code.
Introduced May 15, 2025 by Juan Vargas · Last progress May 15, 2025
Blocks federal mortgage insurers, lenders, and the major secondary-market purchasers (Fannie Mae and Freddie Mac) from denying or conditioning single-family mortgage eligibility or purchases based solely on a borrower’s DACA status. It also adds DACA recipients to the list of aliens eligible for federal assisted housing and financial assistance and clarifies that a veteran’s DACA status cannot be used to deny entitlement to VA home loan benefits. The protections apply to persons who, on the date of enactment, have deferred action under the June 15, 2012 DACA memorandum.