Ideas

Phil Olaleye
Representative | Atlanta, GA

Georgia Representative Phil Olaleye Aims to Prevent Large Private Investment Funds From Owning More Than 25 Homes in the State

Idea Category: Housing

Georgia Representative Phil Olaleye has introduced legislation which aims to prevent private investment funds with more than $6 million in assets from owning more than 25 homes in the state. Investment funds account for over a third of recent home purchases in metro Atlanta, a trend driving up housing prices and putting the dream of home ownership further out of reach for many residents. “It’s not just affecting urban cities,” Olaleye said. “It affects suburban cities, exurban cities, and rural cities. We have got to open up more homes so that people… have an opportunity to purchase homes.”

More Idea’s From Phil Olaleye

Georgia Representative Phil Olaleye and Senator Jason Estevez Introduce Legislation to Change the Decades-Old Formula States Use to Determine Public School Funding

Idea Category: Education | Funding Source: ARP

Learn More

Georgia Educational Opportunity Act

Idea Category: Education | Funding Source: ARP

Learn More

Subscribe

Recent News

NewDEALers Oppose the Federal Reconciliation Bills Cuts to Food Assistance and Health Care That Will Hurt the American People

,
NewDEALers Oppose the Federal Reconciliation Bills Cuts to Food…
LEARN MORE

Statement of NewDEAL CEO Debbie Cox Bultan on Final Passage of the Reconciliation Bill

,
Statement of NewDEAL CEO Debbie Cox Bultan on Final Passage…
LEARN MORE

Statement from NewDEAL CEO on the House Passage of Republican Budget Bill

,
FOR IMMEDIATE RELEASE                                                                Date:…
LEARN MORE

Statement from NewDEAL CEO on the Passing of Congressman Gerry Connolly

,
FOR IMMEDIATE RELEASE                                                                Date:…
LEARN MORE

Massachusetts Representative Andy Vargas’ Legislation Aimed at Combatting...Connecticut Senate President Bob Duff Announces Additional Funds for Special...