The Senate voted 87-8 on Tuesday to consider a bipartisan housing bill after months of haggling between the House and Senate GOP.
The version ultimately agreed to by the House and Senate includes language to limit institutional investors’ ability to buy up single-family homes, which House Republicans had fought to include.
Sen. Tim Scott (R-S.C.), the top Republican on the Senate Banking Committee, has been a lead driver of the bill. In a statement with his Democratic counterpart, Sen. Elizabeth Warren (R-Mass.), and their House counterparts, he lauded the final negotiated product.
“This bill is the result of years of work to lower costs, expand housing supply, cut red tape, protect taxpayers, and help more Americans achieve the dream of homeownership,” Scott said.
A bipartisan, affordability-focused policy bill is a significant achievement for Congress to pull off in an election year and as partisan fights have prevented much legislation from succeeding, especially with bipartisan support.
Republicans and Democrats alike are hoping to make affordability for issues like housing a central facet of their 2026 midterms platform.
The Senate is likely to hold a final vote on the measure later this week. It will then have to be approved by the House before it can make it to President Trump’s desk.
All eight votes against the measure came from GOP senators: Sens. Alan Armstrong (Okla.), Ted Cruz (Texas), Ron Johnson (Wis.), Mike Lee (Utah), Rand Paul (Ky.), Rick Scott (Fla.), Tommy Tuberville (Ala.) and Todd Young (Ind.).
Copyright 2026 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Read the full article at The Hill →📄Source document: Statement from Senator Tim Scott
2 reports
QuartzIndependentCenter4 days agoThe Senate voted 87-8 to advance the 21st Century ROAD to Housing Act, which limits large investors to purchasing no more than 350 single-family homes.
Bias read (Center): The article presents a factual summary of the Senate vote and the provisions of the bill without overtly favoring either side. It does not include language or framing that suggests a particular ideological stance.
The HillIndependentCenter4 days agoThe Senate voted 87-8 to consider a bipartisan housing bill aimed at addressing rising home prices and increasing housing availability. The bill includes provisions limiting institutional investors' ability to purchase single-family homes, a provision supported by House Republicans. Senator Tim Scott (R-S.C.) played a key role in negotiating the bill alongside Senator Elizabeth Warren (D-Mass.). The bill represents a rare bipartisan effort in an election year, though all eight opposing votes came from Republican senators.
Bias read (Center): The article presents the passage of a bipartisan housing bill without overtly favoring either political side. It highlights both Republican and Democratic involvement, including quotes from both parties, and does not use biased language or selectively omit perspectives. The framing remains neutral,
Official sources cited
- government Statement from Senator Tim Scott
- government Statement from Senator Elizabeth Warren
United States