House Passes Bipartisan Bill To Tackle America’s Housing Crisis

He attributed the crisis to “reckless spending, burdensome regulations, and failed housing policies” under the previous administration, plus “mass illegal immigration and large institutional investors” straining supply.

Trump highlighted actions like an executive order banning large institutional investors from single-family homes, directing Fannie Mae and Freddie Mac to purchase $200 billion in mortgage-backed securities to lower rates, and restoring “integrity to Federal housing programs.”

He added: “Under my leadership, America will be a Nation where homes belong to families — not corporations.”