,i  #aaith ,,congress  #b;d ,session    
,h4 ,r4 #gehf  ,,in ,,the ,,house ,,of  
,,representatives  ,february #ac1       
#bjbf,mr4 ,stutzman introduced the      
following bill2 which was referred to   
the ,committee on ,financial ,services1 
and in addition to the ,committee on    
,veterans' ,affairs1 for a period to be 
subsequently determined by the ,speaker1
 in each case for consideration of such 
provisions as fall within the           
jurisdiction of the committee concerned 
,a ,,bill  ,to set restrictions on the  
sale of single-family homes financed by 
the ,federal ,government1 and for other 
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,american ,families 
,first ,act4  #b4 ,restrictions on the  
sale of single-family homes financed by 
the ,federal ,government  7a7 ,federal  
guidance regarding the sale of          
single-,family homes financed through   
,government programs ,within #ahj days  
of the date of enactment of this ,act1  
the ,secretary of ,agriculture1 the     

,secretary of ,housing and ,urban       
,development1 the ,secretary of         
,veterans ,affairs1 the ,administrator  
of ,general ,services1 and the ,director
 of the ,federal ,housing ,finance      
,agency1 as appropriate1 shall issue    
guidance to agencies and                
,government-sponsored enterprises that1 
to the maximum extent permitted by law  
shall--  7#a7 establish an              
agency-specific definition of a large   
institutional investor2  7#b7 prevent   
providing for1 approving1 insuring1     
guaranteeing1 securitizing1 or          
facilitating the acquisition by a large 
institutional investor of a             
single-family home that could otherwise 
be purchased by an individual           
owner-occupant2  7#c7 restrict the      
disposing of ,federal assets in a manner
 that transfers a single-family home to 
a large institutional investor2 and     
7#d7 promote sales of real estate-owned 
properties to individual                
owner-occupants1 including through      

anti-circumvention provisions1          
first-look policies1 and disclosure     
requirements4  7b7  ,exceptions for     
actions that support individual         
owner-,occupant housing  ,the guidance  
issued pursuant to subsection 7a7 shall 
include appropriate1 narrowly tailored  
exceptions for build-to-rent properties 
that are planned1 permitted1 financed1  
and constructed as rental communities1  
and such other appropriate1 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-occupants4