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.
229 Articles
229 Articles
Black America Web
Senate Passes Affordable Housing Reform Bill With Bipartisan Support
Source: nazar_ab / Getty In news that is actually shocking, the Senate managed to pass a bipartisan bill intended to address the nation’s housing crisis. CBS News reports that the Senate passed the 21st Century ROAD to Housing Act in an 85-5 vote. The ROAD to Housing Act takes several steps to address the ongoing housing crisis, including removing certain regulations and preventing institutional investors from buying single-family homes. That la…
Landmark housing bill advances in Congress with bipartisan support
WASHINGTON — A sweeping housing bill sailed through the Senate on Monday and is expected to move quickly in the House early this week, potentially giving both parties a win on the issue of lowering home costs. The post Landmark housing bill advances in Congress with bipartisan support appeared first on West Hawaii Today.
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 …
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