Sen. Warnock's ban on private equity firms buying single-family homes becomes federal law

[iluvtennis]

Last edited Tue Jul 14, 2026, 01:21 PM - Edit history (1)

https://www.cbsnews.com/atlanta/news/sen-warnocks-ban-on-private-equity-firms-buying-single-family-homes-becomes-federal-law/

One of Sen. Raphael Warnock's highest-profile housing proposals has officially become federal law, marking a significant policy change aimed at slowing corporate ownership of single-family homes in Georgia and across the country.

Warnock announced Saturday that his provision prohibiting large private equity firms from purchasing additional single-family homes took effect after the broader bipartisan housing package became law without President Donald Trump's signature.

Under the Constitution, legislation passed by Congress can become law if the president neither signs nor vetoes it within the required 10-day window while Congress remains in session.

The provision is included in the 21st Century ROAD to Housing Act, which lawmakers have described as the most significant federal housing reform package in decades.

The legislation also includes measures intended to increase housing supply, modernize the appraisal process, expand rural housing programs and encourage local governments to build more housing.

"I hear from Georgians across the state who have been clamoring for action from Washington on the affordable housing crisis, and this legislation is proof that when we center the people instead of the politics, we can get good policy done," Warnock said in a statement.

>>>> ARTICLE CONT'D at link

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Does this legislation apply to states other than Georgia??

postscript: Got answer to this question from many of you, so strking this out. Thanks again DU family.