February 13, 2026
Mr. Stutzman introduced the following bill; which was 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
To set restrictions on the sale of single-family homes financed by the Federal Government, and for other purposes.
Section 1. Short title
This Act may be cited as the American Families First Act
.
Sec. 2. Restrictions on the sale of single-family homes financed by the Federal Government
(a) Federal guidance regarding the sale of single-Family homes financed through Government programs
Within 180 days of the date of enactment of this Act, the Secretary of Agriculture, the Secretary of Housing and Urban Development, the Secretary of Veterans Affairs, the Administrator of General Services, and the Director of the Federal Housing Finance Agency, as appropriate, shall issue guidance to agencies and Government-sponsored enterprises that, to the maximum extent permitted by law shall—
(1)
establish an agency-specific definition of a large institutional investor
;
(2)
prevent providing for, approving, insuring, guaranteeing, securitizing, or facilitating the acquisition by a large institutional investor of a single-family home that could otherwise be purchased by an individual owner-occupant;
(3)
restrict the disposing of Federal assets in a manner that transfers a single-family home to a large institutional investor; and
(4)
promote sales of real estate-owned properties to individual owner-occupants, including through anti-circumvention provisions, first-look policies, and disclosure requirements.
(b) Exceptions for actions that support individual owner-Occupant housing
The guidance issued pursuant to subsection (a) shall include appropriate, narrowly tailored exceptions for build-to-rent properties that are planned, permitted, financed, and constructed as rental communities, and such other appropriate, narrowly tailored exceptions as the applicable agency may determine appropriate to further the goal of using Government programs and financing of single-family homes to support individual owner-occupants.