All posts tagged: Invitation Homes Inc

Housing affordability bill clears Senate with investor ban

Housing affordability bill clears Senate with investor ban

Published by Sam Flores

The Senate on Thursday passed the largest housing affordability bill in 30 years, including a ban on investors from buying single-family homes, with a 89-10 vote. But the bill faces an upward battle in the House, which passed its own bipartisan legislation in February. House GOP leaders have already said the measure will need to be negotiated, suggesting they will not take up the Senate-passed bill. House Majority Leader Steve Scalise, R-La., earlier this week told fellow House Republicans in a closed-door meeting that the measure is likely to bog down over differences between the two chambers’ versions. One of the biggest issues is a ban on investors and companies from buying single-family homes if they already own 350 or more. Companies that add to the housing supply through building or serious renovations would be able to own more homes, but would need to sell those homes after no more than seven years.  That provision was not initially in the Senate bill, or in the bill the House passed, but President Donald Trump championed the …

Investor ban on buying homes stalls housing affordability bill

Investor ban on buying homes stalls housing affordability bill

Published by Sam Flores

Homes in suburban Chicago, April 26, 2023. Brian Cassella | Tribune News Service | Getty Images A major housing affordability bill poised to clear the Senate as soon as Thursday will hit a wall in the House, in part over concerns about a ban on major investors from buying single-family homes.  During a meeting at the House Republican retreat this week attended by the party’s leaders and committee chairs, Majority Leader Steve Scalise, R-La., predicted the housing measure is likely to bog down due to differences between the House and Senate versions. He said that if the Senate doesn’t address wide-ranging concerns from House members and House Financial Services Chair French Hill, R-Ark., the bill is likely to require discussions between the House and Senate before it could become law. “If the Senate thinks we’re gonna take this medicine, we’re gonna go to conference” committee, Scalise said, according to three attendees, who asked not to be named because they were speaking about a closed-door meeting. A conference committee is made up of lawmakers from both …

Democrats counter Trump’s proposal to limit housing investors

Democrats counter Trump’s proposal to limit housing investors

Published by Sam Flores

Sen. Elizabeth Warren, a Democrat from Massachusetts and ranking member of Senate Banking, Housing, and Urban Affairs Committee, speaks during a roundtable on housing affordability in Washington, Jan. 7, 2026. Al Drago | Bloomberg | Getty Images Both congressional Democrats and President Donald Trump both want to limit how many homes major corporations can own, but a new proposal from Sen. Elizabeth Warren, D-Mass., makes it clear that’s where the agreement ends. In a bill released hours before Trump’s State of the Union speech, Warren, Sen. Jeff Merkley, D-Ore., and 16 other Senate Democrats propose ending some housing-related tax benefits for major corporations. The bill would prevent companies with more than 50 single-family homes for rent from taking deductions for housing value depreciation and mortgage interest payments. Corporations would also be barred from getting federally backed mortgages. The bill would provide a temporary carve-out for companies building new multifamily housing or rehabilitating properties that would otherwise be uninhabitable. The Trump administration is pushing its own housing proposal. In a memo sent to lawmakers last week, …