The Trump Administration is Making Homeownership More Affordable
Proposed Rules Implement the ROAD to Housing Act and Support Affordable Homeownership in America WASHINGTON — Today, the U.S. Department of the…
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Proposed Rules Implement the ROAD to Housing Act and Support Affordable Homeownership in America WASHINGTON — Today, the U.S. Department of the Treasury issued proposed regulations to make homeownership more affordable for hardworking Americans. The proposed regulations implement Section 1001 of the 21st Century ROAD to Housing Act (ROAD to Housing Act), which restricts large institutional investors from purchasing single-family homes, codifying key requirements of President Trump’s Executive Order 14376, Stopping Wall Street from Competing with Main Street Homebuyers. “Under President Trump, this Administration continues to restore the path to affordable homeownership for millions of young and working families,” said Treasury Secretary Scott Bessent.
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