Limits institutional investor acquisition of single-family homes and imposes certain tax penalties on acquisition of single-family homes by.
The bill restricts institutional investor acquisition of single-family homes and imposes certain tax penalties on acquisition of single-family homes by institutional investors. The bill provides down payment assistance and funding for certain homebuyers and developers for the purchase and development of starter homes. The bill reduces the timeframe for the approval of development applications to certain land use applications.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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