Immigration additionally surfaced as a fault line. Turner linked strain on sponsored housing to unlawful immigration, and stated HUD is dedicated to making sure taxpayer assist went to Americans solely, drawing pushback from Democrats who argued the strategy danger separating households and worsening homelessness.
Investor ban, provide squeeze and regulatory prices
Past HUD’s inner shake up, Republicans repeatedly pressed Turner on how his division would implement Trump’s government order stopping Wall Avenue from competing with Major Avenue homebuyers, which directed HUD and different businesses to restrict federal assist for big buyers shopping for single household houses and to broaden first look alternatives for proprietor occupiers.
Turner instructed Rep. Marlin Stutzman that HUD would work with Treasury and the Federal Housing Finance Company below a 30 day deadline. “The intentions are very clear that we wish to make it possible for American persons are capable of purchase houses,” he stated. “Properties are for the American folks.”
Waters countered that below Turner, HUD bought billions of {dollars} value of distressed properties on to company buyers in 2025 and routinely waived First Look guidelines which are supposed to provide households the primary shot at foreclosed houses. She additionally criticized Turner for asserting one other bulk sale simply two days earlier than Trump signed the investor order.
Trade teams have questioned how far the crackdown would go. Analysts discovered giant institutional landlords nonetheless owned a comparatively small share of single household inventory nationwide, at the same time as their footprint loomed bigger in sure Solar Belt markets. Housing economists have argued that with out extra building, limiting buyers alone would do little to repair affordability.
