Policy & Ethicsinstitutional investorssingle family housingprivate equitypolicy preemption
Senator Moreno Circulates Bill Preempting State Housing Rules
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5.2
Sen. Bernie Moreno (R-Ohio) is circulating draft legislation that would cap institutional ownership at 100 single-family homes while containing clauses that would preempt state and local housing rules. Two drafts, dated Feb. 20 and Feb. 24, vary on total versus limited preemption and include exemptions for build-to-rent projects and homeownership programs. Passage could undercut at least eighteen states’ pending limits on corporate landlords.
Scoring Rationale
Reveals preemption risk to state housing reforms, but limited by policy focus and low relevance to data-science practitioners.
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