Skip to main content
institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

Senate passes bill to lower housing costs and restrict Wall Street from buying homes

The measure would cap institutional investors at 350 homes per firm and speed permitting as lawmakers try to ease a nationwide shortage.

  • On Monday, the U.S. Senate passed the bipartisan 21st Century ROAD to Housing Act in an 85-5 vote, sending sweeping legislation to boost housing supply and limit institutional investor purchases to the House.
  • Following months of bicameral negotiations, lawmakers combined House of Representatives and May Senate versions to address the affordability crisis by cutting red tape and incentivizing local housing development.
  • Provisions restrict institutional investors to 350 single-family homes per firm and provide regulatory relief for community banks, changes supporters say will expand housing access and help families achieve homeownership.
  • House lawmakers are expected to vote on the measure later this week, potentially sending it to President Donald Trump, who has signaled his support for the bipartisan package.
  • Amid continued supply constraints, the bill offers a rare bipartisan achievement ahead of 2026 midterm elections, with Congress leaders framing it as a significant step toward improving national housing affordability.
Insights by Ground AI
Podcasts & Opinions

140 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 43% of the sources are Center
43% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Reuters broke the news in New York, United States on Monday, June 22, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal