Educator Down Payment Assistance Act of 2024

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 4261 Introduced in Senate (IS)] <DOC> 118th CONGRESS 2d Session S. 4261 To direct the Secretary of Housing and Urban Development to award grants to provide financial assistance to certain educators to make down payments on certain homes, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES May 2, 2024 Mr. Heinrich introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To direct the Secretary of Housing and Urban Development to award grants to provide financial assistance to certain educators to make down payments on certain homes, 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 ``Educator Down Payment Assistance Act of 2024''. SEC. 2. DEFINITIONS. In this Act: (1) Eligible dwelling.--The term ``eligible dwelling'' means a residential …