Congress Agrees Bill Capping Major Investors at 350 Home Purchases
Updated
Updated · CNBC · Jun 16
Congress Agrees Bill Capping Major Investors at 350 Home Purchases
3 articles · Updated · CNBC · Jun 16
Summary
A bipartisan housing bill is on track for enactment by month-end after House and Senate lawmakers agreed to limit major investors to buying no more than 350 single-family homes.
The compromise dropped a disputed rule that would have forced investors to sell homes they build within seven years, preserving the bill’s broader push to boost supply and affordability.
John Thune said the Senate could begin advancing the measure Thursday evening and clear it as soon as this week, with the House expected to take it up on its return next week.
Previous versions already passed the House with strong support, potentially allowing an expedited vote on what Elizabeth Warren called Congress’s first direct curb on private equity’s housing expansion.
With a major housing bill passed, when can Americans actually expect to see lower rents and home prices?
A rule targeting corporate homebuyers was dropped. Will this build more homes or create more competition for families?
396-13 House Vote Propels 21st Century ROAD to Housing Act: A Bipartisan Breakthrough in Federal Housing Policy
Overview
On May 20, 2026, the U.S. House of Representatives passed the 21st Century ROAD to Housing Act, marking the most significant federal housing legislation in over thirty years. The Act aims to tackle barriers to housing by expanding supply, restoring affordability, and making homeownership more accessible. Key measures include streamlining environmental reviews, providing grants for local housing planning, and encouraging the conversion of office buildings into residential units. By equipping communities with new tools and resources, the Act offers a comprehensive response to the nation’s housing challenges and sets the stage for further bipartisan action.