; otherwise housing purchases will continue to be sluggish among first time home-buyers and thousands more Americans will enter their midyears saddled with student loan debt never having had the opportunity to accumulate equity. (9) It is in the interest of the Federal Government to use the resources at its disposal, including both housing properties held in trust and student debt obligations, to put reverse pressure on these downward trends. (10) By arranging financing that recalculates terms, debt-to-income ratios, mortgage interest rates, and other factors, short-term student debt could transition into longer term home ownership. (11) The goal is to connect creditworthy Federal student debt holders with housing properties for sale and held by the Federal Government and local land banks. (12) Over time, participants can help restore neighborhoods, transform their debt to equity, and stabilize secured property values locally and on the Federal ledger by maintaining and investing in a home mortgage. 3. Program to expand access to mortgages to eligible creditworthy homebuyers with federal student loan debt (a) Establishment From amounts appropriated pursuant to subsection (g), the Secretary of the Department of Housing and Urban Development and the Director of the Federal Housing Finance Agency shall establish and carry out a pilot demonstration program to— (1) provide assistance to eligible applicants in purchasing eligible properties; and (2) subsequently analyze the results of the provision of such assistance. (b) Consultation In establishing and carrying out the program pursuant to subsection (a), the Secretary of the Department of Housing and Urban Development and the Director of the Federal Housing Finance Agency shall consult with— (1) the Director of the Consumer Financial Protection Bureau; (2) the Secretary of Agriculture; (3) the Secretary of Veteran Affairs; (4) the Secretary of Education