House passes bipartisan housing bill to boost supply
TL;DR Summary
The House approved the Road to Housing Act in a 358-32 vote to relax local regulations and spur more affordable housing construction, including incentives for manufactured housing and limits on future purchases by institutional investors; it also contains a crypto provision barring a federal digital dollar and now heads to President Trump for signature. The measure does not address mortgage rates or sharp price declines, which lawmakers say limits its short-term impact.
Topics:nation#bipartisan#housing-bill#manufactured-housing#politics#private-equity#road-to-housing-act
- Congress passes big housing bill with bipartisan support Axios
- Congress Clears Housing Bill, Cementing a Rare Bipartisan Feat The New York Times
- Congress passes largest housing affordability bill in a generation CNN
- The Five Republican Senators Who Voted Against the Bipartisan Housing Affordability Bill Time Magazine
- Senate passes landmark housing affordability bill after bipartisan breakthrough CBS News
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