House Speaker Mike Johnson stated he will send a housing bill to the White House after meeting with President Donald Trump. The bill, aimed at increasing affordable housing, was previously delayed by Trump to pressure lawmakers on the SAVE America Act.
The bill's transmission to the White House signifies a potential step towards addressing housing affordability and supply issues, a key concern for both political parties and the administration.
U.S. House Speaker Mike Johnson announced plans to send a housing bill to the White House following a meeting with President Donald Trump. This development comes after Trump had previously canceled the scheduled signing of the bipartisan legislation, which is designed to expedite the construction and availability of affordable housing.
Trump's decision to delay the bill was reportedly an effort to pressure lawmakers to prioritize the SAVE America Act. Sources indicated that discussions between Trump and Johnson were expected to cover the path forward for the SAVE America Act and the rescheduling of the housing bill's signing ceremony.
Earlier in May, House GOP leaders, President Trump, and the White House had reached an agreement on the housing affordability bill. The House made final text changes, including modifications to a provision limiting Wall Street's ownership of single-family homes to align more closely with the Senate's version. The amended text also reinstated a provision requiring prevailing wages for workers on certain federally funded housing projects, which had been removed from a previous House version. The Housing Supply Frameworks Act, aimed at establishing national best practices for zoning and land use, was also added back into the House text, while the Build Now Act was removed.
House Financial Services Chair French Hill and ranking member Maxine Waters expressed support for the revised bill. Senate Banking ranking member Elizabeth Warren had also engaged with the White House and House Democrats to advocate for changes to the investor and wage provisions. The White House had previously urged Congress to swiftly deliver the housing bill.