First responders and teachers would have an easier time securing a home loan to buy a house under a measure proposed this week by Republican Rep. John Katko. 

The bill, which has backing from Democrats in the House as well, would be aimed at supporting firefighters, EMTs, paramedics, police and teachers when purchasing a home under the Federal Housing Administration with a proposal modeled after the VA Home Loan Program. 

The bill would ease the home buying process by eliminating requirements for large down payments and the monthly mortgage insurance premium, typically paid when less than 20% is put down for the purchase of a home. 

The measure is being proposed after first responders and educators faced myriad challenges during the COVID-19 pandemic. 

“The ongoing pandemic has put a long-overdue spotlight on some of America’s most important unsung heroes. From teachers to police officers, paramedics, EMTs and firefighters, we saw these professionals faithfully support our nation during the pandemic, and at times put their own lives at risk to uphold their duties," Katko said. 

The measure is also being proposed during a competitive housing market as interest rates are at historic lows, putting sellers at an advantage.