U.S. House passes housing affordability bill
The 396-13 vote keeps limits on investors with more than 350 homes while easing a Senate rule that would have forced build-to-rent sales.
- On Wednesday, the House passed the 21st Century ROAD to Housing Act with a 396–13 vote, aiming to curb institutional investors from purchasing single-family homes.
- America currently faces a shortage of 5.5 million housing units due to regulatory delays and rising construction costs, with average home prices reaching $400,000.
- The House removed the Senate's seven-year sell-off mandate for build-to-rent properties while maintaining a 15-year ban on large institutional investors owning more than 350 homes.
- House Speaker Mike Johnson hailed the legislation as "transformational," while Senator Bernie Moreno, R-Ohio, argued the House version "basically gutted" President Donald Trump's priority.
- The amended package now returns to the Senate for final approval, though it remains unclear whether it will secure the 60 votes required before reaching the White House.
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House Passes Trump-Backed Bill Targeting Large Corporate Purchases of Single-Family Homes
The United States House of Representatives has overwhelmingly passed a Trump-backed bill aimed at limiting large institutional investors from purchasing massive numbers of single-family homes ... The post House Passes Trump-Backed Bill Targeting Large Corporate Purchases of Single-Family Homes first appeared on [your]NEWS.
Warren’s housing affordability bill passed with GOP-backing. Opposition from some House Democrats complicated its future - The Boston Globe
Competing legislation has bounced back and forth on Capitol Hill for months while prices for homes and rentals keep rising.
Housing in the House
House Republicans have spent months searching for something, anything tangible they can do to show voters they’re working to address the affordability crisis. And on Wednesday, they finally got it: Nearly the entire chamber voted to advance bipartisan legislation addressing housing costs and supply. The bill—a package of regulatory tweaks (incentives to encourage home-building) and […] The post Housing in the House appeared first on Puck.
CT delegation backs amended bill to boost housing supply
Connecticut’s congressional delegation voted Wednesday for federal legislation that aims to boost the supply of housing, the latest version of a bipartisan bill that has cut through the tense gridlock at a time when affordability is top of mind for Americans. It’s the second time the House passed the bill, which has gone through a series of changes in recent months and had been stalled since March. It could once again face revisions as it makes …
House Passes Housing Reform After Trump’s Blessing
Trump wanted limits on institutional investors’ ownership of single-family homes. Jose Luis Magana/APWith President Donald Trump’s stamp of approval, the House overwhelmingly passed its version of a housing bill Wednesday, softening the Senate’s proposed restrictions around large-scale landlords and developers.The bill, passed 396-13, now goes back to the upper chamber, which passed its own housing bill two months ago — also with Trump’s support…
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