End Hedge Fund COntrol of American Home

Strengthen transparency, rebuild consumer trust, and restore fairness for American ranchers

- Phases hedge funds out of owning single-family homes over 10 years—they must sell at least 10% of their SFR portfolio to families each year until they own zero

- A $50,000 per home, per year excise tax is charged on any hedge-fund-owned SFRs above the allowed amount during the phase-out; any future hedge fund purchase of an SFR triggers a 50% tax on fair market value

- Directs collected taxes into a national down payment assistance program for working- and middle-class homebuyers.