DIRECTING THE DEPARTMENT OF FINANCE TO PREPARE A REPORT ON ENTITIES BUYING DELAWARE’S HOUSING STOCK.

This resolution directs the Department of Finance to prepare a comprehensive report by December 31, 2025 on the involvement of business entities in purchasing residential property within Delaware. The report aims to clarify the extent, geographic distribution, and nature of business entity ownership in the state’s housing market, responding to concerns that these purchases may affect housing affordability and availability for residents. The resolution also calls for recommendations to improve the collection and availability of this data.