Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, Senator Elizabeth Warren (D-MA), sent letters to major corporate landlords across the single-family, multifamily, and manufactured housing sectors seeking information on their business practices, including landlord-tenant concerns, and rental housing portfolios.
Why This Matters: These letters signal increased scrutiny of the Build-to-Rent (BTR) industry as Congress considers the 21st Century ROAD to Housing Act, whose Senate-passed provisions would effectively phase out BTR properties over 350 units by requiring divestment of properties within seven years.