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21st Century ROAD to Housing Act Prohibition on Large Institutional Investor Purchases of Single-Family Homes

Proposed rule · Federal Register document 2026-21675

Published
10/23/2026
Comments due
11/23/2026
25 days left
Pages
29

Summary

Notice of proposed rulemaking.

The Department of the Treasury (Treasury) is issuing this proposed rule to carry out the purposes of section 1001 of the 21st Century ROAD to Housing Act (the Act or the ROAD Act). Section 1001 of the ROAD Act prohibits large institutional investors from purchasing single-family homes, subject to certain exceptions. The proposed rule would clarify certain terms relevant to those restrictions, including "large institutional investor"; clarify the application of certain exceptions from the statutory prohibition; and clarify the statutory enforcement mechanism. The proposed rule is intended to provide clarity to market participants and other stakeholders on the application of the statute before the effective date of the ROAD Act.

Read the official textPDF on GovInfoHow to comment

Details

Type
Proposed rule
Docket
TREAS-DO-2026-0529
Regulation ID (RIN)
1505-AC96
CFR parts
31 CFR 36
Topics
Housing

This page summarizes a Federal Register document. Only the official Federal Register text has legal effect. Comment deadlines can be extended or reopened by a later notice.

Source: Office of the Federal Register, via the Federal Register API · Last updated 10/23/2026