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Housing commissioner to seek report on private equity purchases of single-family homes
Summary
Commissioner Alex Farrell told the House Committee on General & Housing on April 14 that his department will prepare a report for the committee on private equity firms buying single-family homes, noting the agency is understaffed and will need to scale work over the summer.
Commissioner Alex Farrell of the Department of Housing and Community Development told the House Committee on General & Housing on April 14 that his agency will prepare a report examining private equity firms purchasing single-family homes and what measures other states and the federal government have taken.
Farrell said he had consulted with committee leadership and several representatives about language to…
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