ISTANBUL

The Trump administration has proposed barring investors who own more than 100 single-family homes from buying additional properties, The Wall Street Journal reported Thursday, citing a White House memo sent to congressional committee leaders.

The memo outlines several exemptions, including for investors who build or substantially renovate homes specifically for rental purposes.

Administration officials are seeking to include the investor restriction in a Senate housing bill currently under negotiation, according to the report.

For weeks, the White House has urged lawmakers to attach the proposed ban as an amendment to broader housing legislation advancing in the Senate and House, but those efforts have stalled.

House Republicans last week passed a housing package that did not include the investor restriction. The Senate, which approved its own version last fall, is negotiating updated legislation that would later be reconciled with the House measure.

Limiting large-scale investors from purchasing single-family homes has been a key part of Trump’s housing agenda this year.

Trump is expected to discuss the proposal during Tuesday’s State of the Union address, according to people familiar with the matter cited by the Journal.