S3097 — "Protection of Homeownership and Limiting Institutional Investor Acquisition Act"; imposes limitations and establishes certain incentives and disincentives concerning acquisition of single-family residences.

S3097 — "Protection of Homeownership and Limiting Institutional Investor Acquisition Act"; imposes limitations and establishes certain incentives and disincentives concerning acquisition of single-family residences. · Informed CitizenryThis legislation aims to protect traditional homeownership by placing new limits on how large institutional investors can acquire single-family homes in New Jersey. The bill introduces various rest…Open in Informed Citizenry