'We Look Forward To A Good Vote': Hill Touts Bill Blocking Institutional Investors From Buying Homes

Added: 2026-05-20

[00:00:00]With that, I'll turn it over to Chairman Hill for uh the latest on the housing bill.

[00:00:04]Thank you, Mr. Speaker, and thank all of you for uh being with us this morning.

[00:00:08]Next week on the suspension calendar, we'll bring the uh House amendments to the Senate-passed housing bill. This has been a collaborative effort since the 118th Congress between Senator Scott and myself to bring a housing bill that's supply-side oriented that'll increase the accessibility of housing and also the affordability of housing. This is a key I'd say goal of House and Senate Republicans, and it's obviously a key goal of President Trump because he talked about it in the space state of the union. And this bill has a provision in it that meets his request that we limit institutional investors from being out there competing with Mary and John in their attempt to buy a house. This is in the bill. It's in the bill in the right way. I think it removes some of the legal challenges that we felt that were in the structure of the Senate bill. We think this has made a better bill, and I want to say uh thanks to Senator Scott and his team working over the last few months. Congratulate him also on the Clarity Act, which voted out of the Senate Banking Committee with a bipartisan vote last uh yesterday. This is a very important priority also for President Trump and House and Senate Republicans.

[00:01:16]And so, we look forward to a good vote that will advance housing affordability, housing housing accessibility, help our American families in all 50 states, and also accomplish President Trump's goal of limiting institutional investors' ability to compete against our moms and dads who are out trying to buy a house.