Ultimately, both chambers must agree on a final version of a housing bill that will also receive support from President Donald Trump.
“Republicans are taking the lead on addressing increased housing costs and lack of quality supply that impact nearly every American family. House Republicans have been working hard on a strong bipartisan package to lower the cost of housing for working families and put more American families into homes. We are grateful for the President’s support, and the House and Senate remained closely aligned on getting this legislation to the President’s desk in short order,” House Speaker Mike Johnson wrote on X.
The legislation addresses a major concern for Americans.
According to a survey conducted by the Pew Research Center in late January, over 62% of adults are “very” concerned about the cost of housing, which ranks just behind the cost of healthcare (71%) and the price of food and consumer goods (66%).
