Trump Refuses to Sign Bipartisan Housing Bill, It Becomes Law Anyway
The 21st Century ROAD to Housing Act, a significant bipartisan housing reform aimed at increasing supply and lowering costs, automatically became law due to President Trump’s inaction. The president declined to sign the bill in protest of the Senate’s failure to pass the SAVE America Act, legislation focused on election reform. Despite the president’s personal disinterest in the housing bill, it passed both houses with wide margins and enacts numerous provisions, including limiting institutional investors’ purchase of single-family homes and facilitating the conversion of commercial buildings into affordable housing.