US Treasury Proposes Rule Restricting Large Investors’ Home Purchases
The Treasury proposed regulations implementing Section 1001 of the ROAD to Housing Act, which restricts large institutional investors from purchasing single-family homes and codifies key requirements of President Trump’s Executive Order 14376.
WASHINGTON (dpa-AFX) — The U.S. Treasury has proposed regulations implementing Section 1001 of the ROAD to Housing Act. The law restricts large institutional investors from buying single-family homes, and the proposed rules would codify key requirements of President Trump's Executive Order 14376, Stoppin…