July 15, 2026

Road to Housing Act Pushes Institutional Investors Toward New Construction

As featured in “GlobeSt.”

GlobeSt, 15 July, 2026

RREAF Holdings was recently featured in GlobeSt. discussing the implications of the newly enacted 21st Century ROAD to Housing Act and what the legislation could mean for the future of housing development, build-to-rent communities, and institutional investment strategies across the United States.

Read more below for additional insight into the legislation and RREAF Holdings’ perspective on the opportunities emerging for housing developers and investors.

The 21st Century ROAD to Housing Act introduces new restrictions on large institutional acquisitions of existing single-family homes while simultaneously creating new incentives designed to increase housing supply, support community development initiatives, and encourage long-term investment in underserved markets.

While much of the attention surrounding the legislation has focused on limits placed on institutional ownership of single-family homes, the final version of the bill includes important exemptions for build-to-rent communities and purpose-built rental housing developments that add new inventory to the market.

Jeff Holzmann, Chief Operating Officer of RREAF Holdings, highlighted the significance of the legislation’s treatment of build-to-rent housing and the opportunities it creates for developers focused on new housing supply.

“That one change is what keeps build-to-rent financeable as a long-term hold rather than a forced wind-down,” Holzmann said regarding the removal of the proposed seven-year resale requirement that earlier versions of the legislation would have imposed on build-to-rent communities.

Holzmann noted that the final framework provides greater certainty for developers pursuing purpose-built rental housing, particularly in high-growth Sun Belt markets experiencing continued population growth and housing shortages.

He described the legislation as “a green light to keep building new communities in high-growth Sun Belt markets while the pressure lands on scattered-site aggregators.”

The article also highlighted several provisions aimed at expanding capital access for housing development, including increased public welfare investment limits for banks, additional support for Opportunity Zone developments, and the creation of a federal Innovation Fund designed to reward municipalities that successfully increase housing supply.

Holzmann emphasized that while these new incentives have the potential to improve project economics and shorten development timelines, investors should continue to focus on long-term demographic trends and housing fundamentals rather than relying solely on policy incentives.

“The broader opportunity remains the same,” Holzmann said. “Sponsors should continue underwriting to long-term fundamentals such as Sun Belt migration trends and the national housing supply deficit.”

As demand for attainable housing continues to outpace supply across many regions of the country, RREAF Holdings believes build-to-rent communities and thoughtfully planned residential developments will continue to play an increasingly important role in addressing America’s housing needs.

We appreciate and thank GlobeSt. for featuring RREAF Holdings and providing insight into the evolving legislative environment shaping the future of housing development, build-to-rent communities, and institutional investment strategies. For the full article, please visit GlobeSt.