Bipartisan Housing Affordability Bill
Key Questions
What does the House amendment to the 21st Century ROAD to Housing Act do?
The amendment bans corporate landlords from owning more than 350 single-family homes and includes deregulation measures to boost housing supply. It passed the House by a wide 396-13 margin.
What is the current status of the housing bill in the Senate?
The Senate is reconciling the House-passed version, with final passage still pending. Earlier Senate amendments had focused on restricting large institutional investors from buying single-family homes.
Why was the housing affordability bill introduced?
The legislation aims to address rising housing costs by limiting corporate ownership of single-family homes and streamlining regulations. Supporters argue it promotes broader access to affordable housing.
House passes 396-13 amendment to 21st Century ROAD to Housing Act banning corporate landlords from >350 single-family homes with deregulation. Senate reconciliation pending.