--- title: HR 1103. State and local government; assist with reducing Wall Street landlord ownership of residential properties to help this state flourish collection: bills id: 2025-2026/hr1103 cite_as: HR 1103, 2025-2026 Regular Session (Ga.) canonical_url: https://georgiacommons.org/bills/2025-2026/hr1103 md_url: https://georgiacommons.org/bills/2025-2026/hr1103.md text_url: https://georgiacommons.org/bills/2025-2026/hr1103/text source_url: https://www.legis.ga.gov/legislation/72484 date: 2026-02-02 status: introduced corpus_version: bills-2026-09-13 license: Public record of the Georgia General Assembly, via LegiScan; see about.md publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice. up: https://georgiacommons.org/bills/2025-2026.md previous: https://georgiacommons.org/bills/2025-2026/hr1102.md next: https://georgiacommons.org/bills/2025-2026/hr1104.md index: https://georgiacommons.org/bills/index.md omitted: votes and history omitted_chars: 129 omitted_url: https://georgiacommons.org/bills/2025-2026/hr1103.md?full=1 bill_number: HR 1103 session: 2025-2026 Regular Session session_slug: 2025-2026 chamber: House bill_type: resolution status_date: 2026-01-28 last_action: House Second Readers sponsors: - El-Mahdi Holly - Angela Moore - Billy Mitchell - Anissa Jones - Terry Cummings - L.C. Myles text_version: Introduced has_text: true legiscan_url: https://legiscan.com/GA/bill/HR1103/2025 upstream_id: 2100906 summaries_model: claude-sonnet-5 topic_tags: - housing affordability - corporate landlords - renters rights - local government powers --- # HR 1103. State and local government; assist with reducing Wall Street landlord ownership of residential properties to help this state flourish ## Text House Resolution 1103 By: Representatives Holly of the 116th, Moore of the 91st, Mitchell of the 88th, Jones of the 143rd, Cummings of the 39th, and others A RESOLUTION Encouraging state and local governments to assist with reducing Wall Street landlord ownership of residential properties to help this state flourish; and for other purposes. WHEREAS, the Neighborhood Assistance Corporation of America (NACA) launched a nationwide campaign on January 2, 2026, to address the predatory practices of major Wall Street landlords that are driving up rents and undermining affordable homeownership; and WHEREAS, Wall Street landlords are concentrating their ownership in targeted urban and rural communities nationwide, having a devastating impact on local residents and the availability of affordable housing; and WHEREAS, high rents and unaffordable mortgages are central drivers of today's affordability crisis, prompting NACA to mobilize renters and residents nationwide to challenge these predatory Wall Street landlords; and WHEREAS, NACA has already informed 70,000 tenants across Georgia that their landlords are giant corporate predators, including Blackstone, Invitation Homes, and others, and is expanding this outreach to over 800,000 tenants nationwide; and WHEREAS, Representative El-Mahdi Holly and Bruce Marks of the NACA are advancing the Neighborhood Ownership, Accountability, and Transparency Act to require Wall Street landlords to sell properties to owner-occupants on affordable terms and to eliminate government support for these institutional investors. NOW, THEREFORE, BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES that the members of this body encourage the state and local governments of this state to assist with reducing Wall Street landlord ownership of residential properties to help this state flourish, make housing affordable, and encourage local governments to make use of the full extent of their home rule powers to return prosperity to the residents of this state. BE IT FURTHER RESOLVED that the Clerk of the House of Representatives is authorized and directed to make appropriate copies of this resolution available for distribution to the Secretary of State. ## Summaries written by Georgia Commons The following was written by claude-sonnet-5 from the text above and is not part of the resolution. Quote the text, not the summary. A Georgia House resolution would encourage state and local governments to help reduce large corporate landlord ownership of residential properties, aiming to make housing more affordable for Georgia renters and homebuyers. ### Plain-language summary This resolution responds to concerns that large institutional investors, sometimes called Wall Street landlords, are buying up significant numbers of homes in Georgia communities, which supporters say drives up rents and makes homeownership harder to reach. The resolution points to a campaign by the Neighborhood Assistance Corporation of America (NACA) that has contacted tens of thousands of Georgia tenants about corporate ownership of their rental homes, naming companies like Blackstone and Invitation Homes. The resolution itself does not create any new law, program, or funding. It formally states that the House of Representatives encourages state and local governments to take action to reduce corporate landlord ownership of homes and urges local governments to use their existing home rule powers, meaning their existing local governing authority, to address housing affordability. It also directs the Clerk of the House to send copies to the Secretary of State. ### What it does - Formally states the House's encouragement for state and local governments to work toward reducing Wall Street landlord ownership of residential properties in Georgia. - Encourages local governments to use their existing home rule powers, meaning their authority to govern local affairs, to address housing affordability. - Does not create any new statute, regulation, funding, or enforcement mechanism; it expresses the House's position without binding legal effect. - Directs the Clerk of the House of Representatives to distribute copies of the resolution to the Secretary of State. ### Who it affects Renters and residents of Georgia communities where large institutional investors own significant numbers of homes, state and local government officials who might act on the encouragement, and large corporate landlords named in the resolution's preamble, such as Blackstone and Invitation Homes. ### Why it matters Because this is a resolution rather than a binding law, it does not by itself change any rules for landlords, renters, or local governments. Its practical effect is to put the House's position on record and potentially spur future legislation or local action on corporate home ownership. ### Key provisions - The whereas clauses describe a national campaign by the Neighborhood Assistance Corporation of America (NACA) that has notified 70,000 Georgia tenants about corporate ownership of their rental homes. - The whereas clauses reference a proposed Neighborhood Ownership, Accountability, and Transparency Act intended to require large landlords to sell properties to owner-occupants on affordable terms. - The resolved clause encourages state and local governments to help reduce Wall Street landlord ownership of residential properties and make housing more affordable. - The resolved clause encourages local governments to use the full extent of their home rule powers on this issue. - The final clause directs the Clerk of the House to distribute copies of the resolution to the Secretary of State. ## Status - Status: Introduced (2026-01-28) - Last action: House Second Readers (2026-02-02) - Sponsors: El-Mahdi Holly, Angela Moore, Billy Mitchell, Anissa Jones, Terry Cummings, L.C. Myles - Official page: https://www.legis.ga.gov/legislation/72484 > The history, votes, and amendments (129 characters) are at https://georgiacommons.org/bills/2025-2026/hr1103.md?full=1