Housing in the House

house republican leadership johnson emmer scalise McClain
Overnight, Speaker Mike Johnson and his leadership team reached an agreement with the White House that resolved a number of policy disagreements and allowed the bill to advance. Photo: Andrew Harnik/Getty Images
Marianna Sotomayor
May 20, 2026

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House Republicans have spent months searching for something, anything tangible they can do to show voters they’re working to address the affordability crisis. And on Wednesday, they finally got it: Nearly the entire chamber voted to advance bipartisan legislation addressing housing costs and supply. The bill—a package of regulatory tweaks (incentives to encourage home-building) and populist chum (banning institutional investors that already own 350 single-family homes from buying more)—has a little bit of something for everyone.