House Approves Major Housing Affordability Bill, Sending Bipartisan Measure to Trump

TL;DR

The House passed the 21st Century ROAD to Housing Act with a 358-32 vote.
The bill aims to increase housing supply and lower prices by limiting corporate investors and streamlining construction.
It is the product of months of bipartisan negotiations led by Sens. Tim Scott and Elizabeth Warren, and Reps. French Hill and Maxine Waters.
The White House supports the bill, calling it 'the most comprehensive and consequential housing legislation in the history of our country.'
Some experts express skepticism about the bill's impact on affordability, noting that institutional investors represent a small portion of the single-family rental market.

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