21st Century ROAD to Housing Act: What Institutional Investors Need to Know

A central provision of the recently enacted 21st Century ROAD to Housing Act (P.L. 119-101) restricts purchases of single-family homes (SFH) by certain investors. During the legislative process, the U.S. House of Representatives and Senate engaged in what is known as a process involving "amendments between the houses," with each chamber amending the other chamber's latest version of the bill before sending the bill back to the other chamber. After several rounds of this spanning five months, the... By: Holland & Knight LLP