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HR 4582 111th Congress House

First Look for Primary Residence Act of 2010

Official title: To require Federal agencies and certain government-sponsored enterprises to reserve residential real estate owned for purchase by owner-occupants and other buy… Show full official titleShow less

Official title: To require Federal agencies and certain government-sponsored enterprises to reserve residential real estate owned for purchase by owner-occupants and other buyers using public funds for a period of at least 15 days.

Introduced: April 20, 2010 See on congress.gov
Housing and Community Development Department of AgricultureDepartment of Housing and Urban DevelopmentDepartment of Veterans AffairsGovernment buildings, facilities, and property
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Government corporations and government-sponsored enterprisesHousing finance and home ownership
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 3, 2010
Referred to the House Committee on Financial Services.
Feb 3, 2010
Introduced in House
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 Latest action February 3, 2010

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

First Look for Primary Residence Act of 2010 - Requires the Department of Housing and Urban Development (HUD), the Department of Veterans Affairs (VA), the Department of Agriculture (USDA), the Federal National Mortgage Association (Fannie Mae), and the Federal Home Loan Mortgage Corporation (Freddie Mac) (covered entities) to make certain single-family housing properties they own available for purchase, for a period of at least 15 days, only by a preferred purchaser.

Defines preferred purchaser as: (1) an individual or family who indicates that upon purchase it will occupy the property as the principal residence for at least 90 days; or (2) a state or local governmental agency or other entity that purchases the property using funds made available through one or more specified housing programs.

Prohibits the covered entities, during such period, from soliciting, receiving, considering, negotiating, or accepting any offer to purchase any such property except from a preferred purchaser.

Requires the covered entities to notify real estate brokers and other interested parties in writing of such purchase availability.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 1
D
Quigley, Mike
Illinois · Apr 20, 2010
Bean, Melissa
· Feb 23, 2010
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4582: First Look for Primary Residence Act of 2010. 111th Congress. Open America. https://openamerica.io/bill/111-HR-4582/
MLA
"H.R. 4582: First Look for Primary Residence Act of 2010." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-4582/.
Bluebook (legal)
H.R. 4582, 111th Cong. (2026), https://openamerica.io/bill/111-HR-4582/.
Markdown link
[H.R. 4582: First Look for Primary Residence Act of 2010](https://openamerica.io/bill/111-HR-4582/)
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