President Donald Trump will sign a big housing bill at the Capitol on Wednesday. The House said yes 358-32 on Tuesday in a vote that cut across party lines.
The 21st Century ROAD to Housing Act passed the Senate 85-5 on Monday. It ends months of talks between the two groups. Lawmakers made a deal last week. The bill is now on its way to the White House.
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The bill goes after two things that keep young people from buying homes. One is slow building permits. The other is big firms buying up houses. It cuts some rules for builders. It says big firms can own no more than 350 single-family homes.
Fans of the bill say the 350-home cap is the biggest change. Wall Street firms have bought tens of thousands of single-family homes in recent years. That has pushed up prices for regular buyers. The 350-home rule stops big firms from owning whole blocks. It still lets small buyers buy homes.
The bill also speeds up building permits and cuts zoning delays. Housing groups say those delays are a big reason there are not enough homes. Cutting red tape at the local level should help more new homes get built each year. The goal is to add more homes to the market so prices come down for buyers.
That could make a big change for first-time home buyers. Speaker Mike Johnson said the bill gives families a way back to owning a home. He said it cuts Wall Street buying and eases building rules. He said it makes the American Dream real for young and working families.
Both parties want to run on this bill as the 2026 midterms get close. Voters care a lot about housing costs. Republicans want to keep their slim leads in Congress. Democrats, who mostly backed the bill, say it shows they can get things done even when the government is split.
The bill had pushback from the right side. Some right-leaning members said no because the bill left out the SAVE America Act. That act would ask voters to show ID and proof of citizenship. Trump has pushed for the voter-ID bill. But it does not have enough votes to pass the Senate.
Anna Paulina Luna of Florida said on X she would slow down House work over the issue. She said GOP leaders were playing games by moving a Senate bill without voter ID, and Luna was one of 32 Republicans who voted no.
Trump will sign the bill Wednesday before he meets with Senate Republicans. The bill is the biggest housing law in decades. It deals with supply, zoning, and corporate buying all in one package.
The signing at the Capitol lets both parties take credit for a rare win that both sides back. It will take months to see if the bill really helps with housing supply and prices. The political effect starts right away. The 350-home cap on big firms could change who buys homes in many towns across the US.
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