11A6 - Urge Congress Limit Corporate Home Purchases

RESOLUTION URGING THE UNITED STATES CONGRESS TO ADOPT H.R. 7221, WHICH AMENDS THE INVESTMENT COMPANY ACT OF 1940 TO PROHIBIT CERTAIN LARGE PRIVATE FUNDS AND REGISTERED INVESTMENT COMPANIES FROM PURCHASING SINGLE-FAMILY HOMES, OR SIMILAR LEGISLATION THAT LIMITS THE NUMBER OF RESIDENTIAL HOUSING UNITS THAT MAY BE OWNED OR ACQUIRED BY CORPORATIONS AND OTHER INSTITUTIONAL ENTITIES IN ORDER TO PROTECT HOUSING AFFORDABILITY, PROMOTE HOMEOWNERSHIP, AND PRESERVE COMMUNITY STABILITY; URGING THAT SUCH LEGISLATION INCLUDE CERTAIN EXEMPTIONS OR CONSIDERATIONS; AND URGING THE FLORIDA LEGISLATURE TO ADOPT SIMILAR LEGISLATION