BREAKING: The House has just passed a landmark housing bill. This bill would limit would limit the institutional ownership of housing, meaning corporate landlords or hedge funds or other large for-profit entities would be able to own no more than 350 homes. The legislation also has dozens of other provisions, which include: - Removing some regulatory barriers and streamline environmental reviews to increase development of affordable housing. - Updating requirements to expand manufactured housing production. - Creating an innovation fund for communities to build more housing supply. - Establishing better community banking and loan options. - Supporting housing opportunities for veterans. - Permanently authorizing a major disaster recovery program. The bill has already passed the Senate, and now heads to Trump's desk. He's expected to sign it.
