We are pleased to share that the Road to Housing Act has passed both chambers of Congress and now awaits the President’s signature. The final bill expressly excludes Build-to-Rent (BTR) communities from restrictions on purchases by institutional investors, eliminating any uncertainty regarding the sector’s treatment under the legislation. This outcome confirms what we have long known: that NexMetro’s purpose-built, cottage-style BTR communities are an innovative housing solution that expands housing choice without reducing for-sale inventory for American homebuyers.
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