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

The measure would ease regulations, expand manufactured housing and tie federal grants to homebuilding as lawmakers seek to address a 4.7 million-home shortage.

  • On Monday, the Senate passed the bipartisan 21st Century ROAD to Housing Act in an 85-5 vote, aiming to boost housing supply and reduce costs for Americans.
  • Lawmakers negotiated for months to address a national shortage of over 4.7 million homes, embracing the bill as a bipartisan solution to the ongoing affordability crisis.
  • The legislation limits large institutional investors from purchasing single-family homes while streamlining environmental reviews and federal regulations to accelerate construction of new housing units.
  • House leaders expect to vote on the measure later this week, potentially sending it to President Donald Trump, who has signaled his support for passage.
  • The National Housing Conference views the bill as a significant down payment on long-term efforts to make homeownership more accessible for American families.
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U.S. Senate passes landmark bipartisan housing bill, sends to House

(The Center Square) – Bipartisan legislation to boost housing supply and home ownership nationally cleared the U.S. Senate in an 85-5 vote Monday evening, the largest housing bill Congress has advanced in decades.

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Forbes broke the news in United States on Monday, June 22, 2026.
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