A landmark housing bill automatically became law overnight after President Trump declined to sign it.
A landmark housing bill automatically became law at 12 a.m. on Saturday after President Trump declined to sign it in protest of the Senate's inaction on an elections bill known as the SAVE America Act. The bipartisan bill, known as the 21st Century ROAD to Housing Act, is the most comprehensive housing legislation in decades. The measure aims to increase housing supply and bring down costs, including by limiting institutional investors from purchasing certain single-family homes. [. . .] Massachusetts Democratic Sen. Elizabeth Warren, the chief proponent of the legislation in the Senate, harshly criticized the president's refusal to sign the bill. "At the stroke of midnight, a huge bipartisan bill to lower housing costs became law without the President's signature. Why did President Trump sit on the landmark housing bill for more than 2 weeks? Maybe because there was nothing in it for him personally — no gold-encrusted ballroom, no Qatari jet, no $2 billion crypto deal. Nothing in the 21st Century ROAD to Housing except ways to make housing more affordable," she said in a statement. "Donald Trump couldn't pick up the pen because he just isn't interested in lowering costs for American families." [. . .] [House Speaker Mike Johnson] ultimately expressed confidence that the bill would become law, noting that he had encouraged the president to sign it with "the fattest black marker you have," while telling him the results of the legislation "are going to be very, very good for the American people." "So I hope he does sign it. If he doesn't, it's still law; we'll still celebrate it," Johnson said. "But he's trying to make a point and I think he's making it very effectively." [. . .] The new law includes more than 45 provisions, many of which are aimed at increasing development of affordable housing by removing regulatory barriers and streamlining environmental reviews. It also launches a pilot program to aid local governments in converting vacant commercial buildings into affordable housing, unlocks more federal funding for the construction of factory-built homes and eliminates a rule that requires homes to be built on a chassis — a steel framework used to transport them. In addition, it creates an innovation fund for communities that are increasing their housing supply, supports housing opportunities for veterans and limits the purchases of single-family homes by institutional investors.
Great that this has gone into law but absurd that Republicans are still so desperate to stroke Trump's ego that they'll describe his temper tantrum that resulted in literally nothing except an unnecessary wait as "very effective."
Anyone able to elaborate on what it means by “removing regulatory barriers” here when talking about increasing affordable housing?
From what I've been able to find, it mainly refers to provisions in the bill "encouraging" state and local lawmakers to relax zoning regulations to make it easier for homes to be built in more places and for things like office buildings, old malls, and other unused buildings in commercial zones to be converted into apartments.
I don't know for sure though, that's just what I've been able to find, and I strongly encourage you to do your own research and for anyone with more knowledge and expertise to weigh in.
The 21st Century Road to Housing Act, a bipartisan bill that aims to tackle housing affordability, officially became law early Saturday, des





















