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The Independentindependent.co.uk

Senate overwhelmingly passes bipartisan housing bill aimed at lowering costs (opens original article in a new tab)

TL;DR

The Senate overwhelmingly passed a bipartisan housing bill to address the housing crisis by increasing supply and lowering costs, with provisions to ban corporate investors from buying single-family homes and streamline construction processes. The bill now moves to the House for final approval.

  • Senate passes bipartisan housing bill with 85-5 vote to address housing crisis
  • Bill bans corporate investors from buying single-family homes and aims to increase housing supply
  • Legislation includes provisions to streamline construction, expand affordable housing funding, and reform zoning regulations
  • House expected to approve bill and send to President Trump for signature

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