The No Federal Taxpayer-Funded Housing for Illegal Aliens Act of 2026 prohibits the use of federal funds to provide housing assistance to individuals who are unlawfully present in the United States. The bill defines covered housing assistance broadly to include rental help, vouchers, mortgage support, utility bills, hotel stays, and various stabilization services aimed at securing or maintaining a home. Federal agency heads must enforce this ban by requiring fund recipients to certify compliance, monitoring their activities, and imposing civil penalties or periods of ineligibility for any violations. The prohibition does not apply to funds used specifically for enforcing immigration or criminal laws.
HB 6243 amends Michigan law to prohibit large institutional investors from purchasing single-family homes, with the restriction applying to entities that control more than 100 such properties and manage at least $375 million in assets. The bill defines specific exceptions that allow these investors to continue buying homes through build-to-rent programs, renovate-to-rent initiatives that meet structural standards, and homeownership assistance schemes that offer financial support or credit reporting benefits to renters. Additionally, the legislation permits acquisitions resulting from foreclosure or loss mitigation efforts, provided the properties are sold within a commercially reasonable timeframe, and allows for the transfer of homes already owned by these investors prior to the law's effective date.
This bill allows cities in Michigan to deny building permits, certificates of use and occupancy, or variances to individuals who owe unpaid fines or assessments related to local construction code enforcement. However, the law explicitly exempts certain entities from these penalties, including government-sponsored housing groups, financial institutions, credit union service organizations, and licensed mortgage servicers. Additionally, the bill ensures that permits cannot be denied if the proposed construction work is intended to fix the specific code violation that caused the original fine. The legislation will only take effect if a companion bill, HB 6177, is also passed into law.
The Homeownership Eligibility Reform Act restricts access to government-backed and private mortgage insurance for single-family homes to individuals who are U.S. citizens. Specifically, the bill amends laws governing the Federal Housing Administration, Fannie Mae, and Freddie Mac to require that borrowers for one-to-four-unit properties must be citizens to qualify for their mortgage products. This change directly affects foreign nationals and non-citizen residents who currently might purchase homes with these types of financing, effectively limiting their eligibility for these specific mortgage programs.
