,,ii #aaith ,,congress #ast ,session ,s4 #igh ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,march #ab1 #bjbe,mrs4 ,moody 7for herself1 ,mr4 ,ossoff1 ,mr4 ,cassidy1 and ,mr4 ,warnock7 introduced the following bill2 which was read twice and referred to the ,committee on ,banking1 ,housing1 and ,urban ,affairs ,a ,,bill ,to amend the ,national ,housing ,act to establish a mortgage insurance program for first responders1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,homes for ,every ,local ,protector1 ,educator1 and ,responder ,act of #bjbe or the ,,helper ,act of #bjbe4 #b4 ,,fha mortgage insurance program for mortgages for first responders ,section #bjc of the ,national ,housing ,act 7#ab ,u4,s4,c4 #agji7 is amended by adding at the end the following3 7z7 ,,fha mortgage insurance program for mortgages for first responders 7#a7 ,definitions ,in this subsection3 7,a7 ,first responder ,the term first responder means an individual who is1 as attested by the individual-- 7i7 7,i7 employed full-time by a law enforcement agency of the ,federal ,government1 a ,state1 a ,tribal government1 or a unit of general local government2 and 7,,ii7 in carrying out such full-time employment1 sworn to uphold1 and make arrests for violations of1 ,federal1 ,state1 county1 township1 municipal1 or ,tribal laws1 or authorized by law to supervise sentenced criminal offenders or individuals with pending criminal charges2 7ii7 employed full-time as a firefighter1 paramedic1 or emergency medical technician by a fire department or emergency medical services responder unit of the ,federal ,government1 a ,state1 a ,tribal government1 or a unit of general local government2 or 7iii7 employed as a full-time teacher by a ,state-accredited public school or private school that provides direct services to students in grades pre-kindergarten through #ab4 7,b7 ,first-time homebuyer ,the term first-time homebuyer has the meaning given the term in section #ajd of the ,cranston-,gonzalez ,national ,affordable ,housing ,act 7#db ,u4,s4,c4 #abgjd74 7,c7 ,state ,the term ,state has the meaning given the term in section #bja4 7,d7 ,tribal government ,the term ,tribal government means the recognized governing body of any ,indian or ,alaska ,native tribe1 band1 nation1 pueblo1 village1 community1 component band1 or component reservation1 individually identified 7including parenthetically7 in the list published most recently pursuant to section #ajd of the ,federally ,recognized ,indian ,tribe ,list ,act of #aiid 7#be ,u4,s4,c4 #eaca74 7#b7 ,authority ,the ,secretary may1 upon application by a mortgagee1 insure any mortgage eligible for insurance under this subsection to an eligible mortgagor and1 upon such terms and conditions as the ,secretary may prescribe1 make commitments for the insurance of such mortgages prior to the date of their execution or disbursement4 7#c7 ,mortgage terms2 mortgage insurance premium 7,a7 ,terms 7i7 ,in general ,a mortgage insured under this subsection shall-- 7,i7 be made to an eligible mortgagor2 7,,ii7 comply with the requirements established under paragraphs 7#a7 through 7#g7 of subsection 7b72 and 7,,iii7 be used only to-- 7aa7 purchase or repair a #a-;family residence1 including a #a-;family dwelling unit in a condominium project1 to serve as a principal residence of the mortgagor1 as attested by the mortgagor2 or 7bb7 purchase a principal residence of the mortgagor1 as attested by the mortgagor1 which is-- 7,,aa7 a manufactured home to be permanently affixed to a lot that is owned by the mortgagor and titled as real property2 or 7,,bb7 a manufactured home and a lot to which the home will be permanently affixed that is titled as real property4 7ii7 ,no down payment ,notwithstanding any provision to the contrary in the matter following subsection 7b77#b77;,b7 with respect to first-time homebuyers-- 7,i7 the ,secretary may insure any mortgage that involves an original principal obligation 7including allowable charges and fees and the premium pursuant to subparagraph 7,b7 of this paragraph7 in an amount not to exceed #ajj percent of the appraised value of the property involved2 and 7,,ii7 the mortgagor of a mortgage described in subclause 7,i7 shall not be required to pay any amount1 in cash or its equivalent1 on account of the property4 7,b7 ,mortgage insurance premium 7i7 ,up-front premium ,the ,secretary shall establish and collect an insurance premium in connection with mortgages insured under this subsection that is a percentage of the original insured principal obligation of the mortgage amount1 which shall be collected at the time and in the manner provided under subsection 7c77#b77;,a71 except that the premiums collected under this subparagraph-- 7,i7 may be in an amount that exceeds #c percent of the amount of the original insured principal obligation of the mortgage2 and 7,,ii7 may be adjusted by the ,secretary from time to time by increasing or decreasing such percentages as the ,secretary considers necessary1 based on the performance of mortgages insured under this subsection and market conditions4 7ii7 ,prohibition of monthly premiums ,a mortgage insured under this subsection shall not be subject to a monthly insurance premium1 including a premium under subsection 7c77#b77;,b74 7#d7 ,eligible mortgagors ,the mortgagor for a mortgage insured under this subsection shall1 at the time the mortgage is executed-- 7,a7 be a first-time homebuyer2 7,b7 have completed a program of housing counseling provided through a housing counseling agency approved by the ,secretary2 7,c7 as attested by the mortgagor-- 7i7 be employed as a first responder2 7ii7 have been-- 7,i7 employed as a first responder for not less than #d of the #e years preceding the date on which the mortgagor submitted an application to insure the mortgage under this section2 or 7,,ii7 released from employment as a first responder due to an occupation-connected disability resulting from such duty or employment2 7iii7 be in good standing as a first responder and not on probation or under investigation for conduct that1 if determined to have occurred1 is grounds for termination of employment2 7iv7 in good faith intend to continue as a first responder for not less than #a year following the date of closing on the mortgage2 and 7v7 have previously never been the mortgagor under a mortgage insured under this subsection2 7,d7 meet such requirements as the ,secretary shall establish to ensure that insurance of the mortgage represents an acceptable risk to the ,mutual ,mortgage ,insurance ,fund2 and 7,e7 meet such underwriting requirements as the ,secretary shall establish to meet actuarial objectives identified by the ,secretary1 which may include avoiding a positive subsidy rate or complying with the capital ratio requirement under section #bje7;f77#b74 7#e7 ,authorization of appropriations ,there is authorized to be appropriated to carry out the program under this subsection-- 7,a7 #ffj1jjj for fiscal year #bjbf1 to remain available until expended2 and 7,b7 #afj1jjj for each of fiscal years #bjbg through #bjcb1 to remain available until expended4 7#f7 ,reauthorization required ,the authority to enter into new commitments to insure mortgages under this subsection shall expire on the date that is #e years after the date on which the ,secretary first makes available insurance for mortgages under this subsection4 4