As featured in "CRE Daily"

Nina Dale, CRE Daily, 15 July, 2026

RREAF Holdings was recently featured in CRE Daily discussing the passage of the 21st Century ROAD to Housing Act and the implications the legislation may have on the future of single-family rentals, build-to-rent communities, and housing development across the United States. The legislation introduces new restrictions on institutional acquisitions of existing single-family homes while simultaneously expanding incentives aimed at increasing housing supply and encouraging long-term community investment.

Read more below for additional insights regarding the legislation and RREAF Holdings' perspective on the opportunities it creates for build-to-rent development and housing delivery.

The 21st Century ROAD to Housing Act establishes new limitations on large institutional investors purchasing existing single-family homes, while preserving and encouraging strategies that increase housing inventory through new construction and redevelopment. The legislation includes several carve-outs for build-to-rent communities, adaptive reuse projects, affordable housing developments, and Opportunity Zone investments designed to support long-term housing growth.

The Act also introduces several new financing mechanisms intended to stimulate housing production and community investment. These include expanded public welfare investment limits for banks, additional support for Opportunity Zone developments, and the creation of a $200 million annual Innovation Fund for municipalities that successfully increase housing supply.

Jeff Holzmann, Chief Operating Officer of RREAF Holdings, highlighted the significance of the legislation's treatment of build-to-rent communities and the removal of provisions that could have negatively impacted long-term ownership strategies.

"The removal of the seven-year resale requirement is what keeps build-to-rent financeable as a long-term hold rather than a forced wind-down," Holzmann said.

Holzmann noted that the legislation provides additional certainty for investors pursuing purpose-built rental communities, particularly across high-growth Sun Belt markets where housing affordability challenges continue to drive demand for alternative housing options.

"The framework gives developers confidence to continue building new communities in high-growth Sun Belt markets while the pressure shifts toward scattered-site aggregators," Holzmann said. "Build-to-rent communities located in strong school districts and growing employment markets continue to provide an important housing solution for families who want the benefits of a single-family home but face affordability constraints in today's homeownership market."

The legislation also reinforces the growing distinction between institutional ownership of existing single-family housing inventory and the development of new purpose-built rental communities that add net new supply to the market. Industry participants expect the new framework to accelerate investment into build-to-rent, workforce housing, adaptive reuse, and community development projects over the coming years.

As housing affordability remains a national concern, many investors and developers believe the legislation will further encourage strategies that increase housing supply while creating additional opportunities for public and private capital to work together in underserved communities.

We appreciate and thank CRE Daily, and Nina Dale, for featuring RREAF Holdings and highlighting the firm's perspective on the evolving housing landscape and the growing role build-to-rent communities will play in addressing long-term housing demand across the United States. For the full article, please visit CRE Daily.