Senate Passes Housing Bill Restricting Institutional Investors From Purchasing Homes
Key takeaways
- Breaking News Senate Passes Housing Bill Restricting Institutional Investors From Purchasing Homes By Zachary Folk,
- It would also bar “large institutional investors” that own more than 350 units of housing from purchasing any more—although it carves out an exception for “build-to-rent” projects.
- The bill still needs to be approved by the House before it heads to the president’s desk for signing, but Politico reported the House will try to fast track that process by beginning consideration on Tuesday.
Breaking News Senate Passes Housing Bill Restricting Institutional Investors From Purchasing Homes By Zachary Folk,
Topline The Senate overwhelmingly passed a bipartisan housing bill on Monday evening, which includes restrictions on institutional investors who already own at least 350 homes from buying any new ones—attempting to follow through on a promise President Donald Trump made earlier this year.
Senate Banking Committee Chairman Tim Scott, R-S.C., left, and Sen. Elizabeth Warren, D-Mass., were two of the senators pushing for the legislation.Copyright 2026 The Associated Press. All rights reservedKey FactsThe housing bill, which was given the name “21st Century ROAD to Housing Act,” included numerous housing-related reforms intended to make building new homes easier.