Institutional investor purchases of homes in focus amid housing bill debate

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Congress is poised to hand President Donald Trump one of the most consequential housing bills in recent memory, and a key provision in the legislation that would ban institutional investors from purchasing single-family homes has gained outsized attention.

While the 21st Century ROAD to Housing Act is still facing some scrutiny on the Senate side, the House passed the bipartisan legislation in a resounding 396-13 vote last week. The bill aims to boost housing supply and affordability through mechanisms like deregulating zoning requirements, but it also contains a controversial provision that bans large Wall Street firms like Blackstone from buying single-family homes.

HOUSE UPDATES INSTITUTIONAL INVESTOR PROVISION