In today’s edition, Sahil Kapur dives into the bipartisan housing bill that’s set to pass through Congress this week.
The bipartisan legislation was crafted in both chambers and must now pass the House. It seeks to build more homes and prevent large investors from outbidding families.
21st Century Road to Housing Act, which aims to boost supply and stop investors buying up homes, heads to HouseSign up for the Breaking News US email to get newsletter alerts in your inboxThe Senate on Monday passed a bipartisan measure aimed at lowering housing costs by streamlining construction and permitting, ending months of fraught negotiations on a priority for both parties ahead of November’s midterm elections.The 21st Century Road to Housing Act would limit investors’ ability to buy homes, waives some federal permitting rules in a bid to ease new construction, and authorizes pilot programs to facilitate grants for home improvements and planning affordable housing. It passed the Senate overwhelmingly, with a vote of 85-5, and now heads to the House of Representatives. Continue reading...
The Senate passed a bill aimed at lowering housing costs on Monday after a major breakthrough and rare bipartisan consensus.
House lawmakers announced a bipartisan deal on a package for protecting kids online on Monday, months after negotiations on digital and social media regulation fell apart between the two parties. House Energy and Commerce Committee Chair Brett Guthrie (R-Ky.) and Rep. Frank Pallone (D-N.J.) said they “worked across the aisle for many months” and found…
The divestment vote makes the UAW the first major national union to vote to divest from Israel.
The 21st Century ROAD to Housing Act, which has rare bipartisan support, would make it harder for major investors to hoard homes.
The Senate on Monday overwhelmingly passed a bipartisan bill aimed at lowering housing costs, sending the legislation to the House. The rare show of near-unanimous support comes as lawmakers hustle to score wins on affordability that they can trumpet back home during a midterm campaign cycle that has focused heavily on rising costs. The bill,…
The bill would roll back some permitting regulations and limit corporations from buying up single-family homes, among other things.