The Families First Housing Act of 2026 helps families by ensuring they have the first chance to buy foreclosed homes, making it easier for them to find affordable housing.
If you are a family seeking to buy a home, you will have a better chance to purchase foreclosed properties before investors do.
Who this affects
Families buying homes · Foreclosure-affected families
What changes is this bill making?
1This bill gives families priority access to buy foreclosed homes for 180 days.
2Eligible properties must be listed at fair market value during this time.
3Covered entities must publicly list these properties and track how many are sold.
4The bill prohibits bundling properties to ensure individual sales to families.
5Violations of these rules can lead to penalties for the selling entities.
