Bipartisan Housing Affordability Bill Becomes Law Without Presidential Signature

A sweeping bipartisan housing affordability bill, aimed at lowering housing costs and reducing regulatory barriers, automatically became law on July 12, 2026, after President Donald Trump chose not to sign it within the constitutional 10-day period. The legislation includes provisions to streamline environmental reviews for housing projects, incentivize state and local zoning reforms, and restrict large institutional investors from purchasing single-family homes.