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Board of Commissioners · August 31, 2026

O-26-7-102

Ordinance restricting institutional investors from buying single-family homes for rent (Second 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. (Knox County Code, Chapter 53, establishing Article II, previously reserved) (SECOND READING)

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On August 31, 2026, the Knox County, TN Board of Commissioners adopted “Ordinance restricting institutional investors from buying single-family homes for rent (Second Reading).” by a vote of 8–3.

Split Adopted 8-3-0-0

Motion to approve Ordinance O-26-7-102 on Second Reading

Moved by Damon Rawls · seconded by Adam Thompson

Topics: Zoning & land use

The vote as recorded

Aye · 8

Gina Oster District 3 Larsen Jay At-Large Seat 10 Kim Frazier At-Large Seat 11 Courtney Durrett District 2 Terry Hill District 6 Damon Rawls District 1 Shane Jackson District 4 Adam Thompson District 8

No · 3

Rhonda Lee District 7 Angela Russell District 5 Andy Fox District 9

Public forum

The clerk’s minutes note 24 speakers at the public forum for this meeting.

A sign-up count from the minutes — not a measure of overall public opinion.

Minutes of the 31 August 2026 meeting

  • Disposition: the video read Failed; the minutes record Adopted.
  • Tally: the video read 8-2-1-0; the minutes record 8-3-0-0.
  • Angela Russell: the video read Abstain; the minutes record No.

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