Ban hedge funds and private equity firms from owning single-family homes by passing the End Hedge Fund Control of American Homes Act (H.R.6608), which he authored — forcing large investors to sell at least 10% of their single-family homes to families each year until they are fully divested over 10 years.
Stated position. What this official has said they believe on this issue — a sourced claim, shown distinctly from any assessment of what they did. It is never scored and never affects the Integrity Score.
Derived from a tracked promise: “Ban hedge funds and private equity firms from owning single-family homes by passing the End Hedge Fund Control of American Homes Act (H.R.66…”
Sources
- Congress.gov (Library of Congress)https://www.congress.gov/bill/118th-congress/house-bill/6608/text ↗
“End Hedge Fund Control of American Homes Act”
- Office of U.S. Senator Jeff Merkleyhttps://www.merkley.senate.gov/merkley-smith-lead-bicameral-action-to-ban-hedge-fund-ownership-of-residential-housing/ ↗
“Merkley, Smith Lead Bicameral Action to Ban Hedge Fund Ownership of Residential Housing”
- Office of Rep. Adam Smith (WA-09)https://adamsmith.house.gov/news/press-releases/representative-smith-and-senator-merkley-lead-bicameral-action-ban-hedge-fund ↗