The American Homes First Act would redirect $1 billion in federal funding to assist low-income families with energy costs. The bill would take money that was previously appropriated for the State Department and a new international organization called the Board of Peace, and instead transfer it to the Department of Health and Human Services. This transferred money would support the Low-Income Home Energy Assistance Program, which helps eligible low-income households pay for heating, cooling, and other home energy needs. The legislation affects low-income households struggling with energy expenses and would become effective upon enactment. No specific timeline for implementation is included beyond the funding being available in fiscal year 2026.