Single-Family Rental Home Communities

planned

The article discusses the build-to-rent industry, which involves constructing single-family homes specifically for rental purposes. These communities are designed for tenant living with features like wider staircases and leak detection technology. The industry is growing, with about 50,000 homes completed last year, representing about 3 percent of new housing stock. The Senate housing bill includes provisions that would restrict institutional investors owning 350 or more single-family rental homes, requiring them to sell newly built units to individual owners after seven years or face fines.