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  • 8 hours ago
The US House of Representatives on Tuesday passed bipartisan legislation aimed at speeding up the construction of affordable housing, sending the measure to President Donald Trump for signing.

The bill passed the Senate on Monday, 85-5, and cleared the House, 358-32. It seeks to address the U.S. shortage of affordable homes by speeding up housing projects and limiting the number of single-family homes large Wall Street investors can own.

Video by House TV / Reuters

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Transcript
00:00The title of the bill, H.R. 6644, an act to increase the supply of housing in America and for
00:06other purposes, Senate Amendment to House Amendment to Senate Amendment.
00:11Pursuant to the rule, the gentleman from Arkansas, Mr. Hill.
00:14The 21st Century Road to Housing Act represents one of the most significant bipartisan housing reforms in recent memory,
00:21bringing together common-sense policies to expand housing opportunities and improve affordability for our families.
00:30Mr. Speaker, it cuts unnecessary barriers to new home construction.
00:35It modernizes federal housing programs.
00:38It streamlines development processes and helps create the conditions necessary to build more homes and increase housing supply.
00:48The gentleman in reserves, the gentleman from California is recognized.
00:54Our bill includes dozens of bipartisan provisions to build new housing, lower mortgage and rental costs,
01:04expand home ownership and modernize federal housing programs,
01:10prioritize homebuyers and renters over corporate landlords,
01:15and support community bankers that finance affordable housing development and mortgages each day.
01:23This final bill marks the culmination of numerous hearings, markups, votes, creative input from committee Democrats,
01:33and tough negotiations across both the aisle and the Capitol.
01:40The gentleman yields, the gentleman yields, the question is,
01:43will the House suspend the rules and concur in the Senate amendment to the House amendment to the Senate amendment
01:49to H.R. 6644?
01:52Those in favor, say aye.
01:54Aye.
01:55Those opposed, no.
01:58In the opinion of the chair, two-thirds being in the affirmative, the rules are suspended,
02:03the Senate amendment to the House amendment to the Senate amendment is agreed to,
02:09and without objection, the motion to reconsider is laid on the table.

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