Families First Housing Act of 2026

This bill would require federal housing agencies and the mortgage companies Fannie Mae and Freddie Mac to offer their foreclosed or owned single-family homes (1 to 4 units) only to certain buyers for the first 180 days after listing. Those buyers are people who will live in the home as their main residence, nonprofit housing groups, local governments, and community land trusts. During that period, homes must be priced at fair market value based on a recent independent appraisal, listed on a public website, and not sold in bundles. The agencies would have to publish quarterly sales data, and their Inspectors General would review sales each year and report to Congress. The Secretary of Housing and Urban Development could require disclosure of violations, impose civil penalties on involved employees, and require sales to be reversed.

Full text and official record on Congress.gov

Sponsors

• Pat Harrigan Republican sponsor
• 10 cosponsors