US HB2094

Establishes an FHA mortgage insurance program for first responders, including full-time law enforcement officers, firefighters, paramedics, EMTs, and teachers in grades pre-K through 12

Allows mortgages up to 100% of appraised property value with no down payment required for eligible first-time homebuyers

Eliminates monthly mortgage insurance premiums, charging only an up-front premium that may exceed 3% of the original principal

Requires applicants to be first-time homebuyers, complete HUD-approved housing counseling, be currently employed as a first responder in good standing, and intend to continue in that role for at least 1 year after closing

Authorizes $660,000 for fiscal year 2026 and $160,000 annually for fiscal years 2027-2032, with the program authority expiring 5 years after implementation