ICYMI: RSC Rolls Out Reconciliation 2.0 Framework to Restore the American Dream of Homeownership

WASHINGTON, D.C. — In Case You Missed It: the Republican Study Committee (RSC) yesterday rolled out its Reconciliation 2.0 Framework: Making the American Dream Affordable Again, a conservative blueprint for a second reconciliation bill focused on lowering costs for American families—specifically for homeownership, health care, and energy.

As housing prices, mortgage rates, and down payment costs continue to price working families out of the market, the RSC framework takes direct aim at government-driven barriers preventing Americans from owning a home. The proposal recognizes that homeownership is the cornerstone of the American Dream—and that liberal policies have made it unattainable for too many families.

A Conservative Pathway to Homeownership

The RSC’s Reconciliation 2.0 Framework outlines a comprehensive set of housing reforms designed to expand supply, lower upfront costs, and put families—not bureaucrats or foreign investors—first, including:

• Zero-to-low down payment options for creditworthy borrowers through a new FHA-backed program to eliminate one of the biggest barriers facing first-time homebuyers.

• Mortgage portability and assumability, allowing families to keep their existing mortgage rate when purchasing a new home and helping buyers avoid being locked out by rising interest rates.

• Selling underutilized federal buildings for residential development, turning government waste into affordable private-sector housing.

• Eliminating capital gains taxes on the sale of homes to first-time buyers and on sales of rental properties to tenants—unlocking inventory and expanding ownership opportunities.

The full Reconciliation 2.0 Framework: Making the American Dream Affordable Again is available HERE.