Congress (House and Senate) agree on big housing bill called 21st Century ROAD to Housing Act.
Main point: Large institutional investors (hedge funds, big companies) who already own 350 or more single-family homes cannot buy more existing ones.
They still can build new homes for rent (build-to-rent).
This part come from Trump push earlier in year with executive order.
Goal is make more homes available for normal families, not corporations.
Bill has many other things like cut red tape for new building, more supply.
Senate start vote soon, likely pass and go to president before end of June.
CNBC on deal and investor limit: https://www.cnbc.com/2026/06/16/housing-bill-limiting-investors-congress.html
Politico on Senate-House agreement: https://www.politico.com/live-updates/2026/06/16/congress/housing-bill-agreement-00963672
Senate Banking Committee bill text release: https://www.banking.senate.gov/newsroom/majority/scott-warren-hill-waters-release-updated-bill-text-on-senate-consideration-of-the-21st-century-road-to-housing-act