[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7647 Introduced in House (IH)]
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119th CONGRESS
2d Session
H. R. 7647
To amend the Federal Home Loan Bank Act to expand homeownership access,
and for other purposes.
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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
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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This Act may be cited as the ``Minimizing Outdated Restrictions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''.
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