Senate Passes Bill Championed by Sen. Ossoff to Crack Down on Out-of-State Companies Buying Single-Family Homes

Washington, D.C.— The Senate passed a bill championed by U.S. Senator Jon Ossoff to crack down on out-of-state companies buying up homes in Georgia and driving up prices.
Last week, Sen. Ossoff worked with Republicans and Democrats to pass abipartisan billthat cracks down on large out-of-state companies that are buying up single-family homes and driving up housing costs.
The provision, included in the bipartisan21st Century ROAD to Housing Act, cracks down on large, out-of-state companies that are purchasing single-family homes.
Earlier this month, Sen. Ossoffheld a press conferencecalling on Congress to crack down on out-of-state companies that are buying up homes in Georgia and driving up prices.
The bill’s passage comes after Sen. Ossofflaunched an investigationin 2025 into large, out-of-state companies purchasing single-family homes across the State of Georgia, raising prices for families and reducing the supply of family homes available for purchase. The investigationuncoveredthat the share of single-family rental homes in metro Atlanta owned by large corporations has now increased to 30%, including nearly 70% of single-family rental homes in Henry County alone.
“It’s very difficult for Georgia families trying to purchase their first home to compete with huge out-of-state companies who have massive resources and are buying up tens of thousands of single-family homes across metro Atlanta and across the State of Georgia,”said Sen. Ossoff.“That’s why we brought Republicans and Democrats together to pass legislation cracking down on large out-of-state companies from buying up single-family homes.”
Sen. Ossoff continues working to lower housing prices for Georgia families.
Last August, Sen. Ossoff brought Republicans and Democrats together torequirea Federal watchdog investigation into the housing affordability crisis and to help ID solutions to the crisis.
Also in 2025, Sens. Ossoff and Ashley Moody (R-FL)introducedthe bipartisanHomes for Every Local Protector, Educator, and Responder (HELPER) Act of 2025, which would establish a new home loan program under the Federal Housing Administration (FHA) for law enforcement, fire fighters, medical first responders, and teachers.
In 2024, Sen. OssoffintroducedtheAccess to Homeownership Actto require landlords that receive financing through the Federal government, including through Fannie Mae or Freddie Mac, for multifamily properties like apartment buildings to offer tenants the ability to have their on-time rental payments reported to credit bureaus.
In 2024, Sen. Ossoffdelivered$2,000,000 in Federal resources to Atlanta Habitat for Humanity, supporting its ongoing work in the Browns Mill Village Development, a mixed-income community of owner-occupied homes in Atlanta, and Sens. Ossoff and Rev. Warnockdelivered$1,987,070 in Federal resources for Troup County Habitat for Humanity to upgrade housing conditions across the Chattahoochee Valley.
In 2023, Sens. Ossoff, Rev. Warnock, and Rep. Williams (GA-05)delivereda historic $40 million investment — secured with bipartisan support in Congress — to build more affordable housing units in the City of Atlanta.
# # #