Congress Passes Housing Reform Bill to Increase Supply and Limit Institutional Ownership

Both the U.S. House and Senate have approved the bipartisan '21st Century ROAD to Housing Act,' a significant legislative package. The bill aims to boost housing supply, reduce costs, and promote fairness by restricting large institutional investors from owning more than 350 single-family homes and streamlining federal construction regulations. The legislation now awaits President Trump's signature to become law.