Limit on Single-Family Home Ownership
Official: American Neighborhoods Protection Act of 2025
This bill aims to limit the number of single-family homes that one person or company can own to promote fair housing access. It imposes a tax on those who exceed this limit to encourage selling excess properties.
1. This bill would stop individuals and companies from owning more than 75 single-family homes. 2. If someone owns more than 75 homes, they would pay a tax of $10,000 for each extra home. 3. The bill includes exceptions for certain groups, like non-profit organizations and home builders. 4. It defines a single-family residence as a property with up to four living units. 5. The goal is to prevent excessive ownership of homes by a single entity.
This bill affects real estate investors and companies that own multiple rental properties.