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MORE Opportunities for Homeownership Act
To amend the Federal Home Loan Bank Act to expand homeownership access, and for other purposes.
Summary
This bill amends the Federal Home Loan Bank Act to expand access to homeownership by broadening the definition of financial institutions eligible to participate in the Federal Home Loan Bank system. Specifically, the bill adds federal credit unions to the types of institutions that can join the system, which previously was limited to institutions regulated under the Federal Deposit Insurance Act. By including credit unions, the bill aims to provide more community financial institutions with access to funding mechanisms that support homeownership. The amendment modifies Section 2(10)(A)(i) of the Federal Home Loan Bank Act.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
3 cosponsors
Money behind the sponsor
Top reported contributors to Vicente Gonzalez’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- NULL $61,275
- APOLLO GLOBAL MANAGEMENT $12,800
- SELECT DEDICATED SOLUTIONS $9,900
- AMSCOT FINANCIAL $9,100
- GARCIA HAMILTON AND ASSOCIATES $7,600
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Vicente Gonzalez → · Outside spending →
Actions (2)
- Feb 23, 2026 Referred to the House Committee on Financial Services. · house
- Feb 23, 2026 Introduced in House
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
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
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This Act may be cited as the “Minimizing Outdated Restrictions that Exclude Opportunities for Homeownership Act” or the “MORE Opportunities for Homeownership Act”.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”. <all>
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