{"id":68755,"date":"2026-03-11T18:57:33","date_gmt":"2026-03-11T23:57:33","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2026\/03\/11\/bipartisan-housing-push-advances-but-trump-backed-investor-ban-faces-resistance\/"},"modified":"2026-03-11T18:57:33","modified_gmt":"2026-03-11T23:57:33","slug":"bipartisan-housing-push-advances-but-trump-backed-investor-ban-faces-resistance","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2026\/03\/11\/bipartisan-housing-push-advances-but-trump-backed-investor-ban-faces-resistance\/","title":{"rendered":"Bipartisan housing push advances, but Trump-backed investor ban faces resistance"},"content":{"rendered":"

The Senate<\/a> moved closer Wednesday to advancing a sweeping housing package aimed at boosting affordability, but a Trump-backed provision banning institutional investors from buying single-family homes is emerging as a flash point.<\/p>\n

Lawmakers cleared another procedural hurdle for the bill Wednesday, setting up a likely final vote before they leave Washington Thursday.<\/p>\n

The Housing for the 21st Century Act passed the House last month by a 390-9 bipartisan vote. The legislation includes a wide-ranging slate of measures designed to increase the supply of affordable housing.<\/p>\n

HOUSE PASSES BIPARTISAN HOUSING BILL AS TRUMP ZEROES IN ON AFFORDABILITY CRISIS<\/strong><\/a><\/p>\n

Sen. Tim Scott, R-S.C., the chair of the Senate Banking, Housing and Urban Affairs Committee, and Sen. Elizabeth Warren<\/a>, D-Mass., its top Democrat, teamed up to advance and modify the bill in the Senate.<\/p>\n

“When President [Donald] Trump<\/a> and Elizabeth Warren and Senate Republicans can all come to the same place on a housing bill, it shows that if you put partisan politics aside and focus on the issues impacting the American people, you can get results,” Scott told CNBC\u2019s “Squawk Box.”<\/p>\n

In its original form, the legislation was primarily intended to help first-time homebuyers and lower-income Americans enter the housing market or gain access to more affordable housing options.<\/p>\n

BIPARTISAN PLAN AIMS TO MAKE THE AMERICAN DREAM AFFORDABLE AGAIN FOR MILLIONS OF FIRST-TIME HOMEBUYERS<\/strong><\/a><\/p>\n

But the initial bill lacked a key policy Trump wanted \u2014 a ban on institutional investors, such as hedge funds or large corporations, buying single-family homes. Trump earlier this year signed an executive order<\/a> banning the practice and urged Congress to codify it during his State of the Union address.<\/p>\n

“I\u2019m asking Congress to make that ban permanent because homes for people \u2014 really, that\u2019s what we want,” Trump said. “We want homes for people, not for corporations.”<\/p>\n

Scott and Warren added that provision<\/a> to the bill. If passed, the package would also incorporate several policies from the ROAD to Housing Act, a separate Senate housing proposal that previously stalled.<\/p>\n

The provision would prohibit large-scale investors from purchasing single-family homes and would require companies that exceed a certain ownership threshold to divest within seven years.<\/p>\n

PRO-TRUMP GROUP UNLEASHES BLUEPRINT FOR CRUCIAL HOUSING INITIATIVE FEATURING TOP MAGA INFLUENCER<\/u><\/strong><\/a><\/p>\n

But the institutional investor ban is drawing concerns from some Senate Democrats and industry stakeholders who argue it could eliminate build-to-rent housing units.<\/p>\n

Sen. Brian Schatz, D-Hawaii, said on the Senate floor that “there is a problem” with the bill. He argued the ban on corporations and hedge funds buying single-family homes was written in a way that would force “anybody who owns and rents out more than 350 units, single family or duplexes” to sell after a seven-year period.<\/p>\n

“There\u2019s literally no reason for this,” Schatz said. “And the problem is that it was written in such a way that it was trying to capture the hedge fund problem, but they wrote it wrong.<\/p>\n

“And, so, the definition of institutional investor says, essentially, anyone who owns and operates more than 350 units to rent. That\u2019s bananas.”<\/p>\n

Several members of the housing and rental industry wrote in a letter to Scott and Warren that the seven-year clause would “effectively shut down build-to-rent development, leading to less supply and fewer options for renters.”<\/p>\n","protected":false},"excerpt":{"rendered":"

The Senate moved closer Wednesday to advancing a sweeping housing package aimed at boosting affordability, but a Trump-backed provision banning institutional investors from buying single-family homes is emerging as a flash point. Lawmakers cleared another procedural hurdle for the bill Wednesday, setting up a likely final vote before they leave Washington Thursday. The Housing for … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-68755","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/68755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=68755"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/68755\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=68755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=68755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=68755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}