EO 14376
Stopping Wall Street From Competing With Main Street Homebuyers
Economy & TradeLaw Enforcement
Ad Space (leaderboard)
Summary
This executive order directs federal agencies and government-sponsored enterprises to prevent large institutional investors from acquiring single-family homes that could be purchased by individual homebuyers, while promoting home sales to owner-occupants. It also instructs Treasury, Justice, and the FTC to review rules and enforcement actions regarding large investor acquisitions of single-family homes.
Key Points
- 1Federal agencies must issue guidance within 60 days to prevent approval or facilitation of single-family home sales to large institutional investors where individual owner-occupants could purchase instead
- 2The order includes exceptions for build-to-rent properties that are planned and constructed as rental communities
- 3Treasury Secretary must develop definitions of 'large institutional investor' and 'single-family home' within 30 days
- 4Attorney General and FTC Chairman must review major acquisitions by institutional investors for anti-competitive effects and enforce antitrust laws against coordinated pricing/vacancy strategies
- 5HUD must require disclosure of ownership and management of single-family rental properties in federal housing programs
- 6Deputy Chief of Staff directed to prepare legislative recommendation to codify this policy into law
This summary is for informational purposes only. It may not capture all nuances of the executive order. Always refer to the official text for authoritative information.
Ad Space (rectangle)