Senate passes bill to lower housing costs and restrict Wall Street from buying homes
The measure would block corporate investors from buying single-family homes and expand financing, grants and zoning reforms to boost supply.
- 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.
188 Articles
188 Articles
Time Magazine
khbrknewsThe Five Republican Senators Who Voted Against the Bipartisan Housing Affordability Bill
Sen. Tommy Tuberville, R-Ala., talks with aides on June 9, 2026. —Tom Williams—CQ-Roll Call, Inc./Getty ImagesIn a rare display of bipartisanship, the Senate overwhelmingly voted to pass a sweeping housing bill on Monday—with only five lawmakers voting against the legislation. Ten other Senators did not vote.All five of the lawmakers who voted against the 21st Century ROAD to Housing Act are Republicans: Sens. Ron Johnson of Wisconsin, Mike Lee …
House Expected to Pass Affordable Housing Bill
"The U.S. House on Tuesday is expected to send to President Donald Trump’s desk an affordable housing bill aimed at lowering costs for homebuyers and reining in institutional investors," CNBC reports."The legislation, dubbed the 21st Century ROAD to Housing Act, is a rare bipartisan measure in a d
Senate passes bipartisan housing bill aimed at increasing supply, lowering prices
The Senate passed a bipartisan housing bill on Monday that aims to reduce federal regulations and expand local control, one of the most sweeping efforts in recent decades to increase supply and bring down prices.
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