House passes housing bill still at odds with Senate version

[BumRushDaShow]

Source: Roll Call

Posted May 20, 2026 at 4:22pm

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The House voted 396-13 to pass housing legislation Wednesday after two key senators said the House bill would need work to pass the Senate. The House vote on the measure was procedurally to adopt a resolution concurring in a Senate amendment, a move that effectively swapped in House text to the bill passed by the Senate. The vote under suspension of the rules required support from two-thirds of members present and voting.

Leaders of the House Financial Services Committee, which has jurisdiction on the issue, were tweaking the bill up to debate on Tuesday, but the effort still left gaps between a Senate measure, primarily over the treatment of institutional investors and community banking provisions. Senate Banking Chairman Tim Scott, R-S.C., and ranking member Elizabeth Warren, D-Mass., put out a statement Wednesday ahead of the House vote that the Senate is not ready to pass the amended House bill.

“We worked closely with the White House and our colleagues in both chambers on a bill that puts families first and addresses the housing crisis,” Scott and Warren said in their joint statement. “There’s still work to be done and we are committed to continuing to work with the White House and our colleagues in the House on a housing bill that can pass the Senate and get to the President’s desk.”. The amended House bill has the backing of the Trump administration. Speaker Mike Johnson, R-La., posted a statement of administration policy on the social media site X that said the president would sign the legislation

“These provisions, combined with broader measures to streamline regulations and modernize federal housing policy, would increase the availability of single-family homes and promote homeownership for working families,” the SAP said. House Financial Services Chairman French Hill, R-Ark., encouraged Scott and Warren to back the amended House bill.

Read more: https://rollcall.com/2026/05/20/house-passes-housing-bill-still-at-odds-with-senate-version/

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In summary, the House amended the Senate bill and now it needs to go back to the Senate to accept and vote on or amend again. The changes included -

The House bill differs from the Senate bill by refusing to cap the time some institutional investors can hold properties they built to rent. The Senate would require them to sell the properties within seven years or pay a penalty. Both chambers define institutional investors as those holding 350 or more homes. The provision is designed to prevent private equity, hedge funds and other institutional investors from gobbling up single-family homes before they can be purchased by individuals.

REFERENCES

https://www.democraticunderground.com/10143621641
https://www.democraticunderground.com/10143631000
https://www.democraticunderground.com/10143649575
https://www.democraticunderground.com/10143665444

[SamuelAdams]

1. Not allowing institutional investors to gobble up massive amounts of houses

seems like an obvious way to promote hone ownership by working families. The Senate should hold to their bill.