House Advances Bipartisan Housing Bill Targeting Costs and Investor Buying

The House passed a major housing affordability package, the 21st Century ROAD to Housing Act, by a 358-32 vote and sent it to President Trump, who is expected to sign. The bill would boost housing supply through grants, pilot programs and regulatory easing, while a key provision would bar large institutional investors from buying single-family homes. After months of stalled talks, a deal brokered by Sens. Tim Scott and Elizabeth Warren and Reps. French Hill and Maxine Waters yielded rare bipartisan support in both chambers, positioning Republicans to claim progress on a top issue ahead of the midterms.