1. Short title This Act may be cited as the Low-Income First-Time Homebuyers Act of 2023 or the LIFT Homebuyers Act of 2023 . 2. Wealth-building home loan program (a) Establishment of LIFT HOME funds (1) In general There is established in each Loan Guarantee Agency a fund to be known as the LIFT HOME Fund, into which amounts made available under this section shall be deposited and which shall be used by each Department for carrying out the purposes of this section. (2) Management of Fund The LIFT HOME Fund of each Loan Guarantee Agency shall be administered and managed by the respective Secretary, who shall establish reasonable and prudent criteria for the management and operation of any amounts in the Fund. (b) Use of funds (1) Transfer of amounts to Treasury Such portions of the amount made available to the Secretary of Housing and Urban Development under this section shall be transferred by the Secretary of Housing and Urban Development to the Department of the Treasury in an amount equal to, as determined by the Secretary of the Treasury, in consultation with the Secretary of Housing and Urban Development— (A) the amount the Secretary of the Treasury estimates to be necessary for the purchase of securities under the Program during the period for which the funds are intended to be available; (B) the difference between— (i) the Secretary of the Treasury’s receipts from the sale or other disposition of securities acquired under the Program; and (ii) the Secretary of the Treasury’s costs in purchasing such securities