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HB 1010 North Carolina House · 2025-2026 Session

Home Ownership Market Manipulation.

HB 1010, titled "Home Ownership Market Manipulation," aims to limit the number of single-family homes that business entities can purchase for use as rental properties. The bill makes it unlawful for a business entity, including its affiliates, to buy a single-family home in a county with a population over 150,000 for rental purposes if they already own 100 or more such homes in qualifying counties. This measure seeks to address concerns about the impact of large-scale corporate home buying on housing supply and costs. Violations can lead to civil penalties, damages, and attorney fees, enforceable by the Attorney General, aggrieved individuals, or county commissioners.
Issues: ✓ HousingSupports HousingRestricts corporate ownership of rental homes to prevent market manipulation, increasing housing affordability and tenant access in high-population counties.90% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Apr 2025
Committee Review
Floor Vote
Governor
Introduced Apr 15, 2025 Last action Apr 16, 2025
Maddy AI version diff · 1 comparison

What changed between versions

Filed → Edition 1 · 5 edits
MODERATE
This bill underwent formatting and metadata updates during its legislative journey from filing to first edition. The core policy language regarding housing market manipulation appears largely unchanged, but the document structure was modified to meet standard legislative formatting requirements. No substantive policy changes affecting scope, eligibility, or enforcement mechanisms were identified in this diff.
TECHNICAL

Header formatting was updated to standard legislative format with proper session information and bill number placement.

Sponsorship information was changed to direct readers to the General Assembly website for a complete list, rather than listing sponsors directly in the document.

Referred to information was added specifying the Rules, Calendar, and Operations of the House with a date of April 16, 2025.

Bill version identifier was changed from 'DRH30385-MC-138' to 'H1010-v-1' to reflect the current edition status.

Minor whitespace and indentation adjustments were made throughout the document to align with standard legislative formatting conventions.

Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Apr 16, 2025
Committee
Ref To Com On Rules, Calendar, and Operations of the House
lower
Apr 15, 2025
Introduced
Filed
lower
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.