Amen, yes it is.
Gal 3:6
Even as Abraham believed God, and it was accounted to him for righteousness.
Rom 3:24-27
Being justified freely by his grace through the redemption that is in Christ Jesus:
Whom God hath set forth to be a propitiation through faith in his blood, to declare his righteousness for the remission of sins that are past, through the forbearance of God;
To declare, I say, at this time his righteousness: that he might be just, and the justifier of him which believeth in Jesus.
Where is boasting then? It is excluded. By what law? of works? Nay: but by the law of faith.
Rom 3:21-22
But now the righteousness of God without the law is manifested, being witnessed by the law and the prophets;
Even the righteousness of God which is by faith of Jesus Christ unto all and upon all them that believe: for there is no difference:
Rom 4:1-27
What shall we say then that Abraham our father, as pertaining to the flesh, hath found?
For if Abraham were justified by works, he hath whereof to glory; but not before God.
For what saith the scripture? Abraham believed God, and it was counted unto him for righteousness.
Now to him that worketh is the reward not reckoned of grace, but of debt.
But to him that worketh not, but believeth on him that justifieth the ungodly, his faith is counted for righteousness.
Even as David also describeth the blessedness of the man, unto whom God imputeth righteousness without works,
Saying, Blessed are they whose iniquities are forgiven, and whose sins are covered.
Blessed is the man to whom the Lord will not impute sin.
(As it is written, I have made thee a father of many nations,) before him whom he believed, even God, who quickeneth the dead, and calleth those things which be not as though they were.
Who against hope believed in hope, that he might become the father of many nations, according to that which was spoken, So shall thy seed be.
And being not weak in faith, he considered not his own body now dead, when he was about an hundred years old, neither yet the deadness of Sara's womb:
He staggered not at the promise of God through unbelief; but was strong in faith, giving glory to God;
And being fully persuaded that, what he had promised, he was able also to perform.
And therefore it was imputed to him for righteousness.
Now it was not written for his sake alone, that it was imputed to him;
But for us also, to whom it shall be imputed, if we believe on him that raised up Jesus our Lord from the dead;
Who was delivered for our offences, and was raised again for our justification.
Rom 5:1-2
Therefore being justified by faith, we have peace with God through our Lord Jesus Christ:
By whom also we have access by faith into this grace wherein we stand, and rejoice in hope of the glory of God.
Rom 5:6-10
For when we were yet without strength, in due time Christ died for the ungodly.
For scarcely for a righteous man will one die: yet peradventure for a good man some would even dare to die.
But God commendeth his love toward us, in that, while we were yet sinners, Christ died for us.
Much more then, being now justified by his blood, we shall be saved from wrath through him.
For if, when we were enemies, we were reconciled to God by the death of his Son, much more, being reconciled, we shall be saved by his life.
Rom 5:15-19
But not as the offence, so also is the free gift. For if through the offence of one many be dead, much more the grace of God, and the gift by grace, which is by one man, Jesus Christ, hath abounded unto many.
And not as it was by one that sinned, so is the gift: for the judgment was by one to condemnation, but the free gift is of many offences unto justification.
For if by one man's offence death reigned by one; much more they which receive abundance of grace and of the gift of righteousness shall reign in life by one, Jesus Christ.)
Therefore as by the offence of one judgment came upon all men to condemnation; even so by the righteousness of one the free gift came upon all men unto justification of life.
For as by one man's disobedience many were made sinners, so by the obedience of one shall many be made righteous.
THIS IS THE GOSPEL. Recommend pulling up a chair and reading those scriptures prayerfully from your own bibles. But it doesn’t nullify all the warnings and admonitions. We are not to use this grace and liberty as a license to sin…..and how can we who are dead to sin live in it any longer…..God is not mocked….if we keep on wilfully sinning there is no more sacrifice for sins…. Etc, etc. It may appear paradoxical such that if we try to reason it out with our logical carnal mind we will miss the mark. We need to just believe and receive everything written and don’t even try to resolve the apparent contradictions ourselves. Understanding or partial understanding needs to come by the Holy Spirit and eventually will.
It's from this foundation of having been made the righteousness of Christ that we even seek to run the race lawfully (He being the cornerstone of the foundation)….His Spirit within, His conscience, His fear, as well as gratitude and love for the Lord for so great a salvation which makes us want to please Him.