House Passes Bipartisan Bill To Tackle America’s Housing Crisis

“This bill prioritizes American families by expanding homeownership, enhancing affordability, reducing burdensome

regulations that drive up costs, and increasing housing supply nationwide,” Chairman Hill stated. “Importantly, it delivers on President Trump’s call to limit institutional investors from competing with the American people as they seek to purchase a home,” Hill added. Ranking Member Maxine Waters (D-Calif.) highlighted the urgency of the housing crisis. “America is in the middle of a full-blown affordable housing and homelessness crisis, and working families are burdened by skyrocketing rents and a housing market that is pushing homeownership further out of reach,” Waters said.