Congress Is Poised to Pass Its First Major Housing Bill in More Than a Decade

Congress Is Poised to Pass Its First Major Housing Bill in More Than a Decade

Graeme Sloan/Sipa USA via APA bipartisan pair of senators unveiled a new housing package this week that combines House- and Senate-passed legislation, putting Congress’ first major housing bill in more than a decade on a path to final passage in both chambers.The bill, spearheaded by Sens. Tim Scott and Elizabeth Warren, the top Republican and Democrat on the Senate Committee on Banking, Housing, and Urban Affairs, passed a key procedural hurdle…

Housing bill moves forward with institutional housing ban

Sens. Tim Scott, R-S.C., and Elizabeth Warren, D-Mass., released legislative language for a compromise housing bill that includes a ban on institutional investors' purchase of single family homes and a temporary ban on the Federal Reserve issuing a Central Bank Digital Currency.

Senate Advances Sweeping Housing Bill, Includes Ban On Institutional Buyers Of Single-Family Homes

The Senate this week is advancing a wide-ranging package that could become the biggest legislative action taken on housing in decades.  The latest version of the Senate's bill pairs legislative efforts around affordability and housing production with a Trump administration objective to ban institutional investment in single-family homes.