WASHINGTON, President Donald Trump signed an executive order on Jan. 20 directing federal agencies to restrict large institutional investors from purchasing single-family homes that could otherwise be bought by families. The order gives the Treasury 30 days to define key terms and requires agencies to issue guidance within 60 days on restricting sales, insurance, guarantees or securitization facilitating such acquisitions. Senators Tammy Baldwin and Raphael Warnock urged Trump to support legislation ending certain tax deductions for investors owning 50 or more single-family rentals. Local reporting highlighted LLC purchases in Ohio last year. Based on 6 articles reviewed and supporting research.
Prepared by Lauren Mitchell and reviewed by editorial team.
Owner-occupant homebuyers and first-time buyers may gain prioritized access to foreclosed and federally-facilitated single-family sales, potentially improving affordability and opportunities to purchase starter homes under revised administrative guidance.
Large institutional investors and real-estate investment firms may face constrained acquisition channels, increased regulatory scrutiny, and limits on tax and financing advantages tied to large portfolios of single-family homes.
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Trump Signs Order Limiting Institutional Home Purchases Nationwide
Urban Milwaukee The Straits Times ArcaMax vinnews.com http://www.wtol.comTrump signs EO cracking down on Wall Street investors purchasing single-family homes
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