U.S. Senator Jon Ossoff says a bipartisan housing bill approved by Congress includes provisions designed to crack down on large corporations buying up single-family homes and driving up housing costs for families in Georgia.

The legislation, known as the 21st Century Road to Housing Act, received overwhelming bipartisan support in both chambers of Congress. The Senate approved the measure by an 85-5 vote, and the House later passed the bill by a 358-32 margin. The legislation is expected to be signed into law by President Donald Trump.

According to Sen. Ossoff’s office, the bill includes a provision he championed to limit large, out-of-state corporations and institutional investors from purchasing single-family homes, a practice that critics say has reduced housing inventory and contributed to rising home prices. Ossoff launched an investigation in 2025 into corporate home purchases across Georgia after concerns that investors were pricing families out of the housing market.

The legislation would restrict large institutional investors from acquiring additional single-family homes once they exceed a specified ownership threshold. Supporters say the measure is intended to help more families compete for homes and increase opportunities for homeownership.

Beyond the corporate ownership restrictions, the housing package includes provisions aimed at increasing the nation’s housing supply, streamlining construction and permitting processes, expanding access to manufactured housing, and reducing regulatory barriers that can contribute to higher housing costs.

“Georgia families urgently need more affordable housing,” Ossoff said after Senate passage of the legislation, emphasizing the bipartisan effort to address housing affordability and expand homeownership opportunities.

Housing affordability has become a growing concern across Georgia, particularly in metro Atlanta and other fast-growing areas where institutional investors have purchased significant numbers of single-family homes in recent years. Supporters of the legislation say the measure represents one of the most significant federal efforts in decades to address housing affordability and limit corporate influence in the single-family housing market.