The Order aims to preserve starter single-family homes for families rather than large investors, which could affect home availability and local housing costs.
Requires Treasury to define 'large institutional investor' and 'single-family home' within 30 days to enable implementation.
Directs specified federal agencies and GSEs to issue guidance within 60 days to prevent facilitating sales of single-family homes to large institutional investors.
Requires guidance to promote sales to individual owner-occupants using anti-circumvention steps, first-look policies, and disclosure rules.
Directs Treasury to review related rules and asks DOJ and FTC to scrutinize and prioritize antitrust enforcement against coordinated investor strategies.
Requires HUD to obtain owner and manager disclosures for single-family rentals in federal housing programs to detect investor involvement.