Senate Passes Housing Bill

Bipartisan bill to boost supply and curb costs moves toward final House approval.

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Senate Passes Affordable Housing Bill In 85-5 Vote - Joe.My.God.

Senate passes revamped House bill that will bar investors from buying up single-family homes

Could the ROAD to Housing Act actually lower home prices? Here's what experts say.

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The Senate voted 85-5 Monday to pass the bipartisan 21st Century ROAD to Housing Act, a sweeping housing affordability package aimed at increasing supply and lowering costs. The measure would reduce federal regulations, streamline construction and permitting, expand local control and curb major investors’ purchases of single-family homes. Lawmakers from both parties cast the bill as a response to one of voters’ top cost-of-living concerns ahead of the midterm elections, after months of House-Senate negotiations produced a final bicameral version. The package now heads back to the House for expected final approval before going to President Trump’s desk.

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Several accounts emphasize the bill’s restrictions on Wall Street, private equity and institutional investors buying single-family homes, a provision supporters say could protect aspiring homeowners from being priced out. The investor limits are paired with broader supply-side measures, while analysts and political reporters weigh whether the package can meaningfully reduce home prices.