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Limiting Single-Family Home Ownership and Supporting Homebuyers

This new law aims to limit the number of single-family homes that large companies and individuals can own to 75. Entities exceeding this limit will pay a special tax. The collected funds will be used to provide down payment assistance to families purchasing homes, especially those sold by entities subject to the new tax.
Key points
Companies and individuals will be limited to owning no more than 75 single-family residences (up to 4 dwelling units).
For each residence above the 75-unit limit, the owner will pay an annual tax of $10,000.
Funds from this tax will go into a new trust fund to support down payment assistance programs for families buying homes.
Priority for assistance will be given to families purchasing homes from entities subject to the new tax.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_3745
Sponsor: Rep. Adams, Alma S. [D-NC-12]
Process start date: 2025-06-05
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

American Neighborhoods Protection Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_3745.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-06-05.

What are the main provisions?

Key points include:

  • Companies and individuals will be limited to owning no more than 75 single-family residences (up to 4 dwelling units).
  • For each residence above the 75-unit limit, the owner will pay an annual tax of $10,000.
  • Funds from this tax will go into a new trust fund to support down payment assistance programs for families buying homes.
  • Priority for assistance will be given to families purchasing homes from entities subject to the new tax.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Adams, Alma S. [D-NC-12].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Taxes Real Estate Benefits