HomesAreforFamilies,NotCorporations
Signed into law
Banned large corporations from buying up single-family homes, expanded the housing supply, lowered construction costs, and helped homeowners keep their homes.
What we say
HOMES ARE FOR FAMILIES, NOT CORPORATIONS. Big corporations were buying homes all over Michigan, driving up prices and limiting the supply. NOT ANYMORE. Thanks to House Republicans, efforts to ban these large investors from snatching housing away from Michiganders have been SIGNED INTO LAW.
Key facts
- Large corporations banned from buying up single-family homes (Rep. Karl Bohnak, R-Marquette)
- The new Housing Opportunity Tax Credit helps finance the construction and preservation of thousands of homes every year
- HB 5570-5571 lower construction costs and unlock more attainable homes on smaller lots
- Property tax relief programs preserved and expanded to help homeowners keep their homes
- Outdated regulations add an estimated $100,000 to the cost of every new home
Date arc
Corporate-buyer ban signed
Other bills
Bill numbers
HB 6074 (corporate-buyer ban), HB 5570-5571
Public act
PA 32 of 2026 (HB 6074)
