Helping More Families Save Act
Introduced
Moved
Reached a final decision
Introduced 2025-07-14
Derived from the official record below.
Officially: “Helping More Families Save Act” Read the full text
Housing and Community Development
What it does
The bill directs HUD to run a pilot program at up to 25 housing agencies or private owners, covering up to 5,000 families on Section 8 or public housing assistance. When a family's earnings rise, the agency charges the higher rent but escrows an amount equal to the increase in an interest-bearing account. The family can withdraw the money after it stops receiving welfare assistance and meets a timing condition, such as 5 to 7 years passing or leaving housing assistance. Participation is voluntary; families can opt out anytime.
Written by AI from the complete official bill text and independently fact-checked against it. Not legal advice.
Where it is
Introduced · 2025-07-14
In the House.
Committee, then floor votes in both chambers · next
Official documents
The on-site text is shown verbatim from the GovInfo publication, captured 2026-07-12. The same version at GovInfo.
The numbers
2%
of bills introduced became law in the 118th Congress, 2023 to 2024 (n=16,213)
9
sponsors, out of 218 needed to pass
Who is lobbying on this
MORTGAGE BANKERS ASSOCIATIONvia MORTGAGE BANKERS ASSOCIATION
3 filingsFrom 3 filings in federal lobbying disclosures (LDA), via lda.gov, naming this bill (2025 to 2026). Filings are self-reported by lobbying firms and show who is paid to influence this bill. They do not say which side, or whether it worked.
Every fact on this page links to its source, starting with the official bill record. Last action: Referred to the House Committee on Financial Services. (2025-07-14).