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Senate Passes Housing Act Barring Investor Home Purchases

6/23/2026

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Story summary
  • Senate passed 21st Century ROAD to Housing Act 85-5, sending it to House.
  • Bill, Sens. Tim Scott, Sens. Elizabeth Warren and Reps. French Hill, Maxine Waters, bars investors buying single-family homes.
  • The bill drops rule forcing owners of 350+ homes to sell after seven years, called step by Rep. French Hill and praised as curb by Sen. Elizabeth Warren, polls indicating President Donald Trump’s approval at 37 % and rating 33 %.