Board of Commissioners · July 27, 2026
O-26-7-102
Prohibit housing market manipulation by large institutional investors (First Reading)
CONSIDERATION OF AN ORDINANCE OF THE COMMISSION OF KNOX COUNTY, TENNESSEE, AMENDING THE KNOX COUNTY CODE, CHAPTER 53, “REAL PROPERTY,” TO ADD A NEW ARTICLE II ENTITLED “HOUSING,” FOR THE PURPOSE OF PROHIBITING HOUSING MARKET MANIPULATION BY LARGE INSTITUTIONAL INVESTORS; RESTRICTING THE PURCHASE OF SINGLE-FAMILY HOMES FOR RENTAL PURPOSES BY CERTAIN BUSINESS ENTITIES; ESTABLISHING ENFORCEMENT MECHANISMS; AND FOR OTHER PURPOSES (AMENDING KNOX COUNTY CODE, CHAPTER 53, ESTABLISHING ARTICLE II, PREVIOUSLY RESERVED) - (FIRST READING)
See this item across every meeting →On July 27, 2026, the Knox County, TN Board of Commissioners adopted “Prohibit housing market manipulation by large institutional investors (First Reading)” by a vote of 9–2.
Motion to approve Ordinance O-26-7-102 - Ordinance of the Commission of Knox County, Tennessee, amending the Knox County Code, Chapter 53, “Real Property,” to add a new Article II entitled “Housing,” for the purpose of prohibiting housing market manipulation by large institutional investors; restricting the purchase of single-family homes for rental purposes by certain business entities; establishing enforcement mechanisms; and for other purposes (amending Knox County Code, Chapter 53, establishing Article II, previously reserved) on first reading.
Moved by Damon Rawls · seconded by Adam Thompson
Topics: Zoning & land use
The vote as recorded
Aye · 9
No · 2
Public forum
The clerk’s minutes note 11 speakers at the public forum for this meeting.
A sign-up count from the minutes — not a measure of overall public opinion.