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‘Homes not Hedge Funds’ passes state senate

By , Special to The Daily Memphian; , Daily Memphian Published: March 10, 2026 1:30 PM CT

NASHVILLE — The Tennessee Senate passed a bill Monday, March 9, that prohibits individual entities from owning more than 100 single-family homes in Tennessee.

The bill, sponsored by Sen. Charlene Oliver, D-Nashville, and Rep. Aftyn Behn, D-Nashville, aligns with President Donald Trump’s Executive Order that directs agencies to promote sales to single owner-occupants. 

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Noah McLane

Noah McLane reports on the state house for The Daily Memphian. He was born and raised in Tennessee and attended journalism school at Middle Tennessee State University, where his passion for community-focused storytelling began.

Prior to writing for The Daily Memphian, Noah was the editor-in-chief of his college newspaper, worked on general assignment for the Jackson Hole News & Guide in Jackson, Wyoming, and was most recently an editorial intern at the Nashville Scene.

Bill Dries

Bill Dries

Bill Dries covers city and county government and politics. He is a native Memphian and has been a reporter for almost 50 years covering a wide variety of stories from the 1977 death of Elvis Presley and the 1978 police and fire strikes to numerous political campaigns, every county mayor and every Memphis Mayor starting with Wyeth Chandler.


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