The action would implement President Trump’s executive order restricting large institutional investors from purchasing single-family homes.
The Department of the Treasury issued proposed regulations last month to implement the 21st Century ROAD to Housing Act (ROAD to Housing Act) and codify President Trump’s executive order to restrict large institutional investors from purchasing single-family homes. The measures are intended to improve opportunities for homeownership for young and working families.
Secretary Scott Bessent said, “Treasury is working to ensure American families and workers have a fair shot at purchasing homes in their communities by increasing housing supply and limiting large institutional investors’ role in the market, while supporting a strong, stable housing market and avoiding unnecessary disruption.”
“Beginning on January 7, 2027, a large institutional investor generally may not purchase, or enter into a contract to purchase, a single-family home unless the purchase qualifies as an ‘excepted purchase‘ under the ROAD to Housing Act,“ the Treasury Department explained of the regulation. “The ROAD to Housing Act defines a large institutional investor by reference to, among other things, whether an entity is engaged in the business of investing in, owning, renting, managing, or holding single-family homes and has direct or indirect investment control over at least 350 such homes.“
As the Lord Leads, Pray with Us…
- For Secretary Bessent as he implements Treasury regulations to support homeownership.
- For wisdom for President Trump and members of his administration as they seek to ensure opportunities for Americans to own their homes.
Sources: Department of the Treasury
