House Passes Amended Housing Bill, Sends Fight Back to Senate
House passed the amended housing bill 396-13, removing the Senate's seven-year sell rule for build-to-rent investors and returning the measure to the Senate.
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RedStateTrump Scores Big New Win: House Approves Revised Housing Bill
Washington TimesHouse passes updated housing bill, sending changes back to Senate
NPRBipartisan home affordability bill passes the House
Overview
The House voted 396-13 on Wednesday to pass an amended bipartisan housing bill that swapped in House text for a Senate-passed measure.
The legislation aims to boost housing supply and affordability, bans groups owning more than 350 single-family homes from buying more, and allows build-to-rent investors to continue purchasing homes.
Senate Banking Chairman Tim Scott and ranking member Elizabeth Warren said the Senate is not ready to pass the amended House bill and pledged to keep working with the White House and House, according to their statement.
The White House posted a statement of administration policy saying the president would sign the legislation, while Senate leaders warned the amended bill could struggle to win the 60 votes needed for Senate passage.
The bill will return to the Senate for consideration, with disputes remaining over the seven-year sell requirement for build-to-rent properties and community banking provisions.
Analysis
Center-leaning sources frame the bill primarily as a victory for investors by using a headline calling it a 'win for investors' and phrases like 'more friendly toward Wall Street.' Editorial choices emphasize White House and industry backing and the removal of forced-sale rules, while presenting sharp critiques (e.g., 'basically gutted') as source content.