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Sen. Elizabeth Warren, a Democrat from Massachusetts and ranking member of Senate Banking, Housing, and Urban Affairs Committee, speaks during a roundtable on housing affordability in Washington, Jan. 7, 2026.<\/p>\n
Al Drago | Bloomberg | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n
Both congressional Democrats<\/a> and President Donald Trump<\/a> both want to limit how many homes<\/a> major corporations can own, but a new proposal from Sen. Elizabeth Warren<\/a>, D-Mass., makes it clear that’s where the agreement ends. <\/p>\n In a bill released hours before Trump’s State of the Union speech, Warren, Sen. Jeff Merkley<\/a>, D-Ore., and 16 other Senate Democrats propose ending some housing-related tax benefits for major corporations. The bill would prevent companies with more than 50 single-family homes for rent from taking deductions for housing value depreciation and mortgage interest payments. Corporations would also be barred from getting federally backed mortgages. <\/p>\n The bill<\/a> would provide a temporary carve-out for companies building new multifamily housing or rehabilitating properties that would otherwise be uninhabitable. <\/p>\n The Trump administration is pushing<\/a> its own housing proposal. In a memo<\/a> sent to lawmakers last week, the administration proposed banning institutional investors who own more than 100 single-family homes from buying any new ones. Trump’s proposal also includes several exceptions for companies that increase the number of single-family homes.<\/p>\n The dueling proposals come as legislation to boost housing supply and affordability is in the home stretch to becoming law. The House passed<\/a> a bipartisan bill earlier this month with broad support, and the Senate advanced its own bipartisan bill last year. The two sides are working to combine the proposals into a final package. <\/p>\n<\/div>\n