Proposed
Bill · 119th Congress · HR 7586
American Families First Act
Refreshed 5 h ago
Introduced 2026-02-13Topic: housingSummary
AI-generated summary, report an errorThis bill would require several federal housing agencies to issue guidance within 180 days on the sale of single-family homes financed through federal programs. The guidance would define a "large institutional investor" for each agency. It would direct agencies and government-sponsored enterprises to stop financing, insuring, or guaranteeing the purchase of single-family homes by large institutional investors when an individual owner-occupant could otherwise buy the home. It would also restrict selling federally held homes to large institutional investors and promote sales of foreclosed properties to individual owner-occupants. Exceptions would be allowed for build-to-rent communities and other cases agencies find appropriate.
Sponsors
- Marlin A. Stutzman Republican sponsor
- 0 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-03-02 | House | Referred to the Subcommittee on Economic Opportunity. | refer |
| 2026-02-13 | House | Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. | refer |
| 2026-02-13 | House | Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. | refer |
| 2026-02-13 | Introduced in House | introduce | |
| 2026-02-13 | Introduced in House | introduce |