Families First Housing Act of 2026

The Families First Housing Act of 2026 would require covered entities—including the Federal Housing Administration, Fannie Mae, Freddie Mac, the Federal Housing Finance Agency, and the Department of Agriculture—to give priority access to foreclosed single-family homes (1–4 units) for 180 days after listing to qualified first look buyers, such as owner-occupants, nonprofits, local governments, and community land trusts. During this period, properties must be priced at fair market value (via independent appraisal or disclosed standardized model), listed publicly with clear availability status, and cannot be bundled with other properties. Covered entities must also publish quarterly sales data…

AI summary · The lawmakers haven’t published an official summary of this bill yet, so 52 wrote this one from the bill’s text.