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United States·Trade & Economy

US House passes sweeping bipartisan housing bill with Trump set to sign

Wednesday, 24 June 2026, 06:24 · 1 min read

The US House of Representatives passed a broad bipartisan housing bill by 358 votes to 32 on Tuesday, sending the legislation to President Donald Trump, who is expected to sign it into law. The bill, which cleared the Senate 85–5 on Monday, aims to tackle the country's housing affordability crisis by cutting federal regulations, streamlining construction approvals, expanding financing options, and limiting corporate landlords' ability to buy single-family homes. The legislation is considered one of the most significant efforts in decades to boost housing supply, as the US faces a shortage of an estimated 10 million homes and median rents remain nearly 17% above pre-pandemic levels.

Sources
The GuardianHouse gives final approval to bipartisan housing bill aimed at lowering costs ↗︎
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