What is in the housing affordability bill? Legislation heads to Trump’s desk

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleThe bill brought together Republicans and Democrats, many of whom noted the unusual level of bipartisanship ahead of the vote (Getty Images)The House of Representatives gave final approval to a broad bipartisan bill aimed at lowering housing costs, passing it with a 358-32 vote, following the Senate's 85-5 approval.The legislation is expected to be signed into law by President Donald Trump Wednesday and represents a significant effort to increase housing supply and reduce prices amidst high voter frustration over the cost of living.Key provisions of the bill include reducing federal regulations, streamlining environmental reviews, speeding up construction, curbing the influence of corporate landlords, expanding financing for innovative housing, and implementing new renter protections.The bill also provides funding to local governments that build more housing, offers resources for converting abandoned infrastructure into housing, and supports communities in reforming outdated zoning regulations.This bipartisan effort addresses a national affordability crisis, with a reported shortage of 10 million homes and rising costs for both renters and owners, and has received widespread support from various housing organizations.In fullHouse gives final approval to bipartisan housing bill aimed at lowering costsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

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