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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 overwhelmingly approves bipartisan housing bill
The House on Wednesday overwhelmingly approved a bipartisan housing bill. The vote was 396-13, with only Republican lawmakers opposing it. President Donald Trump has supported the legislation. The Senate passed its own housing bill in March in an 89-10 vote, though it has clear differences from the House legislation. One of the points of contention...
Revised bipartisan housing bill passes U.S. House, one step closer to becoming law
(The Center Square) – The U.S. House overwhelmingly passed its revised version of the 21st Century Road to Housing Act, sending the bipartisan legislation meant to address the housing crisis over to the Senate for approval.
Coverage Details
Total News Sources35
Leaning Left7Leaning Right11Center8Last UpdatedBias Distribution42% Right
Bias Distribution
- 42% of the sources lean Right
42% Right
L 27%
C 31%
R 42%
Factuality
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