Senate Poised to Advance Housing Bill Limiting Private Equity Purchases of Single-Family Homes

The U.S. Senate is expected to vote on a bipartisan affordable housing bill aimed at limiting private equity purchases of single-family homes and increasing the supply of affordable housing. The legislation, which could reach President Donald Trump's desk by week’s end, seeks to address rising home prices and institutional investor influence in the market.

By Justin Papp · CNBC ·

Senate Poised to Advance Housing Bill Limiting Private Equity Purchases of Single-Family Homes

Topics: Affordable Housing Act Bipartisan Legislation Housing

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