Source: NBC News
“The Senate voted overwhelmingly Monday to pass a sweeping housing affordability [sic] bill aimed at lowering costs, putting Congress on the brink of a rare bipartisan victory in President Donald Trump’s second term. … The legislation, which would make it easier to build homes and slap limits on Wall Street investors’ buying up houses, now goes to the House, which hopes to vote on it in the next few days. Then, it would go to Trump’s desk to be signed into law. … The legislation would approve a series of funding and grant programs for constructing new homes. It would slash red tape and empower local governments to expedite reviews to build more housing. And a key section titled ‘Homes Are For People, Not Corporations’ would restrict any ‘large institutional investor’ from buying single-family homes.” (06/22/26)