Happy Tuesday, and welcome to the latest edition of Rent Free. This week’s slightly abbreviated post-Memorial Day issue includes a breakdown of the latest version of the housing bill passed by the House last week.
We also have an item on how, contra some recent headlines, New York Mayor Zohran Mamdani is not offering any major exceptions to his coming rent freeze.
House Housing Bill Protects Build-To-Rent
A bipartisan housing supply bill that has been in the works since the summer of last year passed the House last week, minus a controversial requirement that large investors sell off their holdings of build-to-rent single-family homes to individual owner-occupiers.
The latest House version of the 21st Century ROAD to Housing Act, which passed 396–13 on Wednesday, still bans large investors from purchasing existing single-family homes…