House Bill 4385
119th Congress(2025-2026)
Helping More Families Save Act
Introduced
Introduced in House on Jul 14, 2025
Bill Intelligence
This bill establishes a pilot program to expand the escrow accounts for families receiving housing assistance. The program allows eligible entities to establish interest-bearing escrow accounts for families, placing amounts equal to increases in rent attributable to increases in earned income. Families can withdraw funds after ceasing to receive welfare assistance or in other specified circumstances. Eligible entities must provide detailed information to families and may opt out. The bill includes provisions for rent calculation, timeline, study, waivers, and termination of the pilot program. It also authorizes appropriations for technical assistance and program evaluation.
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Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
4385
Congress
119
Policy Area
Housing and Community Development
Housing and Community Development
Primary focus of measure is home ownership; housing programs administration and funding; residential rehabilitation; regional planning, rural and urban development; affordable housing; homelessness; housing industry and construction; fair housing. Measures concerning mortgages and mortgage finance may fall under Finance and Financial Sector policy area.
No House votes have been held for this bill.
Summary
Unavailable
July 14, 2025
Sort by most recent
07/14/2025
Referred to the House Committee on Financial Services.
07/14/2025
Introduced in House
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Public Record
Record Updated
Jan 31, 2026 3:36:14 AM
