{"id":2605081,"date":"2026-05-20T13:24:02","date_gmt":"2026-05-20T17:24:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/house-passes-revised-bipartisan-housing-legislation-sending-it-to-the-senate\/"},"modified":"2026-05-20T13:25:28","modified_gmt":"2026-05-20T17:25:28","slug":"house-passes-revised-bipartisan-housing-legislation-sending-it-to-the-senate","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/house-passes-revised-bipartisan-housing-legislation-sending-it-to-the-senate\/","title":{"rendered":"House passes revised bipartisan housing legislation, sending it to the Senate"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fhouse-passes-revised-bipartisan-housing-legislation-sending-it-to-the-senate%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2605081&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The U.S. House passed a revised bipartisan housing package-the 21st Century ROAD to Housing Act-by a 396-13 vote, approving a version that had already cleared the Senate but faced major House amendments. The White House endorsed the latest House version, though the administration had earlier urged the House to largely keep the senate text.<\/p>\n<p>Senate and House leaders had been signaling that there were still \u201cmoving parts,\u201d and further negotiations were expected. A key focus of the revision was the institutional investor provision: the House kept the ban on <a href=\"https:\/\/amzn.to\/3YuVZYV\" >institutional investors buying single-family homes<\/a>, but adjusted timing and removed certain exceptions. The Tuesday afternoon update kept the reduced build-to-rent requirement (removing the seven-year resale rule) while dropping other changes that some senate opponents said could allow private equity to compete more aggressively.<\/p>\n<p>The updated bill also includes additional provisions not in the Senate version, including community banking measures prioritized by House Financial Services Chairman French Hill and changes to organized labor language. to appease conservatives, the legislation includes a temporary ban on central bank digital currencies (CBDCs), with a sunset continuing through 2030 rather than a permanent prohibition.<\/p>\n<p>Separately, President Donald Trump expressed optimism that lawmakers would complete the negotiations and send the bill to his desk.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<article class=\"fn-body\">\n<p>The <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/house-of-representatives\/\" type=\"post_tag\" id=\"93\">House of Representatives<\/a> voted Wednesday to pass bipartisan <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/housing\/\" type=\"post_tag\" id=\"1273\">housing<\/a> legislation designed to boost supply and help with affordability amid a clash with the <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/senate\/\" type=\"post_tag\" id=\"8765\">Senate<\/a>.<\/p>\n<p>With a vote of 396-13, the House passed the revised 21st Century ROAD to Housing Act, which had previously sailed through the Senate but faced a gauntlet of amendments in the House. The <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/section\/news\/white-house\/\" type=\"category\" id=\"125\">White House<\/a> earlier on Wednesday endorsed the House\u2019s latest version. The 13 votes against were all Republican lawmakers.<\/p>\n<section class=\"explore-more-section\" id=\"wex-recommended-widget\">\n<div class=\"magazine-container single\">\n<h1 class=\"magazine-title mt-2\">Recommended Stories<\/h1>\n<p>             <i class=\"fa-solid fa-play icon\"><\/i>         <\/div>\n<div class=\"explore-grid\">\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/house\/4576623\/house-passes-bipartisan-housing-legislation-senate\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>House passes revised bipartisan housing legislation, sending it to the Senate<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/house\/4576205\/massachusetts-congressman-barney-frank-die-86\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Longtime Massachusetts Congressman Barney Frank dies at 86<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/house\/4576205\/massachusetts-congressman-barney-frank-dies-86\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Longtime Massachusetts Congressman Barney Frank dies at 86<\/h3>\n<p>                         <\/a>                     <\/div>\n<\/p><\/div>\n<\/section>\n<p><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/premium\/4568013\/gop-urgency-housing-bill-midterm-elections\/\"><strong>HILL REPUBLICANS SEE URGENCY IN PASSING HOUSING BILL AHEAD OF MIDTERM ELECTIONS<\/strong><\/a><\/p>\n<div class=\"article-paywall\">\n<p>Ahead of the revised legislation, the White House and President Donald Trump urged the House to pass the Senate version as is, but the House Financial Services Committee forged ahead and released a new version last week, which <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/4575342\/house-updates-institutional-investor-provision-housing-bill\/\">was later updated<\/a> on Tuesday to appease some of the concerns from the Senate side.<\/p>\n<p>The bipartisan bill needed widespread support in the House, given that it was passed under suspension, which requires a two-thirds majority vote and sidesteps certain procedural hurdles.<\/p>\n<p>House lawmakers had argued the revisions were necessary, given the numbers game of getting to that two-thirds majority, as well as pushback from stakeholders.<\/p>\n<p>\u201cThe Senate bill has a math problem in the House,\u201d one senior House GOP aide told the <em>Washington Examiner <\/em>this week. \u201cThe House\u2019s amendment reflects a good-faith effort to find consensus and move a bicameral bill to President Trump\u2019s desk.\u201d<\/p>\n<p>Still, the Senate was hoping that the House would pass its version of the 21st Century ROAD to Housing Act as is. And Senate Banking, Housing, and Urban Affairs Committee Chairman Tim Scott (R-SC) and ranking member Elizabeth Warren (D-MA) were signaling ahead of the Wednesday House vote that there are still moving parts.<\/p>\n<p>\u201cWe worked closely with the White House and our colleagues in both chambers on a bill that puts families first and addresses the housing crisis,\u201d the duo said in a statement. \u201cThere\u2019s still work to be done and we are committed to continuing to work with the White House and our colleagues in the House on a housing bill that can pass the Senate and get to the President\u2019s desk.\u201d<\/p>\n<p>Scott and Warren will be discussing the revised House bill with colleagues in both parties to get their views on the updated legislation, according to Senate aides.<\/p>\n<p>A major update to the revised legislation on Tuesday likely helps it warrant a bit more Senate support \u2014 particularly on the section that bans institutional investors such as Blackstone from <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wall-street-firms-are-buying-up-single-family-homes\/\" title=\"Wall Street Firms Are Buying Up Single-Family Homes\">purchasing single-family homes<\/a>.<\/p>\n<p>In its amended version last week, the House left the institutional investor ban in but removed a provision that would require investors in build-to-rent homes to sell those houses within seven years. In addition, the House\u2019s amended version contained a number of exceptions that would have allowed institutional investors to purchase more homes than they would have, all else equal, under the Senate\u2019s version.<\/p>\n<p>The latest update, which came through on Tuesday afternoon, still cuts the requirement to sell build-to-rent homes after seven years but removes the other exceptions added last week. Essentially, the institutional investor section is the Senate\u2019s version, but with just the seven-year build-to-rent provision removed.<\/p>\n<p>Prior to the Tuesday afternoon update, some opponents in the Senate had argued that the combined changes would allow private equity firms to outcompete families in the market more than the Senate\u2019s version.<\/p>\n<p>Housing experts argued that the seven-year build-to-rent provision would decrease the housing stock, and industry groups have come out hard against the proposal. The provision was heavily criticized by influential groups such as the National Association of Home Builders and the National Multifamily Housing Council.<\/p>\n<p>In addition to the section on institutional investors, the Tuesday update also makes changes to organized labor provisions in the legislation.<\/p>\n<p>The House\u2019s revised version also includes community banking provisions that were not in the Senate version, but were a priority of House Financial Services Committee Chairman French Hill (R-AR).<\/p>\n<p>The housing bill also includes language, aimed at appeasing conservatives, that applies a temporary ban on central bank digital currencies.<\/p>\n<p>A CBDC is a form of digital currency issued by a central bank. In the United States, that would be the Federal Reserve. Consumers would be able to use <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/house-gop-tanks-procedural-vote-and-throws-wrench-into-crypto-week\/\" title=\"... GOP tanks procedural vote and throws wrench into crypto ...\">digital money issued directly<\/a> by the Fed in addition to cash. Proponents of a CBDC argue that a centralized dollar would help prevent bank bailouts and increase efficiency.<\/p>\n<p>But opponents, many of whom are Republicans, contend that it could give the Fed too much power or could raise Fourth Amendment concerns, depending on how much control the government would have over individual accounts.<\/p>\n<p>Some in the House were upset the ban was not made permanent, and, notably, even the House\u2019s revised version retains the sunset provision through 2030.<\/p>\n<p><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4574058\/trump-mike-johnson-housing-bill\/\"><strong>TRUMP BULLISH THAT HOUSING BILL WILL MAKE IT TO HIS DESK<\/strong><\/a><\/p>\n<p>In an exclusive interview with the <em>Washington Examiner<\/em>, Trump this week expressed optimism about housing legislation making its way to his desk.<\/p>\n<p>\u201cI think they\u2019re going to get together and come out with something,\u201d Trump said during a phone call.<\/p>\n<\/div>\n<\/article>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The House passed revised bipartisan housing legislation (396-13) to boost supply and affordability after breaking with the Senate version<\/p>\n","protected":false},"author":3360,"featured_media":2605082,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/04\/mike-johnson-gop-impasse-fisa.jpg?w=696","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[3667,4344,4762],"class_list":["post-2605081","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-bipartisan","tag-housing","tag-legislation"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/04\/mike-johnson-gop-impasse-fisa.jpg?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2605081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/3360"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2605081"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2605081\/revisions"}],"predecessor-version":[{"id":2605085,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2605081\/revisions\/2605085"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2605082"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2605081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2605081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2605081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}