25 LC 59 0145
House Resolution 656
By: Representatives Olaleye of the 59
th
, Anderson of the 10
th
, Oliver of the 84
th
, Williamson
of the 112
th
, and Hugley of the 141
st
A RESOLUTION
Creating the House Study Committee on Expanding Home Ownership Opportunities for
1
Georgians; and for other purposes.2
WHEREAS, the Georgia General Assembly affirmed by law that "housing is an issue of3
paramount concern to this state which affects the health, welfare, and safety of the citizens4
of this state and the economic viability and planned growth of its communities"; and5
WHEREAS, Georgia is currently ranked as the most at risk state in the nation for housing6
market disruptions, rental increases, and unsafe conditions from private equity investment7
in housing; and8
WHEREAS, three corporate landlords own over 19,000 homes in the metro Atlanta area,9
constituting nearly 11 percent of the single family homes available for rent in Fulton,10
Clayton, DeKalb, Gwinnett, and Cobb Counties; and11
WHEREAS, out-of-state institutional investors own 30 percent of all single family rental12
stock in Atlanta; and13
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WHEREAS, home ownership has historically been a key source of wealth and stability for
14
middle class families; and15
WHEREAS, the median home price in Georgia rose from approximately $132,000.00 in16
2013 to over $320,000.00 in 2023; and17
WHEREAS, increasing institutional ownership of single family homes will continue to put18
the goal of home ownership further and further out of reach for Georgians; and19
WHEREAS, a study is needed to evaluate the current housing stock and expand home20
ownership opportunities for Georgians.21
NOW, THEREFORE, BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES:22
(1) Creation of House study committee. There is created the House Study Committee23
on Expanding Home Ownership Opportunities for Georgians.24
(2) Members and officers. The committee shall be composed of seven members of the25
House of Representatives to be appointed by the Speaker of the House of26
Representatives. The Speaker shall designate a member of the committee as chairperson27
of the committee.28
(3) Powers and duties. The committee shall undertake a study of the conditions, needs,29
issues, and problems mentioned above or related thereto and recommend any action or30
legislation which the committee deems necessary or appropriate.31
(4) Meetings. The chairperson shall call all meetings of the committee. The committee32
may conduct such meetings at such places and at such times as it may deem necessary or33
convenient to enable it to exercise fully and effectively its powers, perform its duties, and34
accomplish the objectives and purposes of this resolution.35
(5) Allowances and funding.36
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(A) The legislative members of the committee shall receive the allowances provided
37
for in Code Section 28-1-8 of the Official Code of Georgia Annotated.38
(B) The allowances authorized by this resolution shall not be received by any member39
of the committee for more than five days unless additional days are authorized. Funds40
necessary to carry out the provisions of this resolution shall come from funds41
appropriated to the House of Representatives.42
(6) Report.43
(A) In the event the committee adopts any specific findings or recommendations that44
include suggestions for proposed legislation, the chairperson shall file a report of the45
same prior to the date of abolishment specified in this resolution, subject to46
subparagraph (C) of this paragraph.47
(B) In the event the committee adopts a report that does not include suggestions for48
proposed legislation, the chairperson shall file the report, subject to subparagraph (C)49
of this paragraph.50
(C) No report shall be filed unless the same has been approved prior to the date of51
abolishment specified in this resolution by majority vote of a quorum of the committee.52
A report so approved shall be signed by the chairperson of the committee and filed with53
the Clerk of the House of Representatives.54
(D) In the absence of an approved report, the chairperson may file with the Clerk of the55
House of Representatives a copy of the minutes of the meetings of the committee in lieu56
thereof.57
(7) Abolishment. The committee shall stand abolished on December 1, 2025.58
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