Senate passes housing bill with single-family rental forced sale provision

The Senate passed the 21st Century ROAD to Housing Act, which includes a provision requiring operators to sell single-family rental homes after seven years of ownership. The multifamily industry is opposing the measure, citing concerns about the forced sale requirement.

The multifamily industry is sounding the alarm about a measure in the 21st Century ROAD to Housing Act that forces operators to sell their build-to-rent single-family homes after seven years.

This story was originally published by Construction Dive.