Private equity firms can no longer buy single-family homes under new federal law championed by Sen. Raphael Warnock

WASHINGTON, DC - JULY 13: U.S. Sen. Raphael Warnock (D-GA) departs from the Senate Chambers during a vote in the U.S. Capitol Building on July 13, 2026 in Washington, DC. U.S. Senators faced questions from reporters after two weeks of recess and being in their home states. (Photo by Finn Gomez/Getty Images)
the Grio

Submit An Article

To submit an article to Legacy Miami, Legacy South Florida or M•I•A Magazine, click below to go to the submission form.
Click here to go to form
Legacy Articles

The new law is intended to help families in Georgia and across the country compete for homeownership.

By 

Sen. Raphael Warnock’s proposal to stop large private equity firms from buying additional single-family homes is now federal law after a housing bill became law without President Donald Trump’s signature.

Warnock announced Saturday that the measure is part of the bipartisan 21st Century ROAD to Housing Act, which became law after Trump neither signed nor vetoed the legislation within the constitutionally required 10-day window, CBS News Atlanta reported.

For the full story, please visit thegrio.com

Author

Facebook X-twitter Youtube Instagram

Leave a Comment

Your email address will not be published. Required fields are marked *