A bipartisan housing bill aimed at making housing more affordable will have to wait till the Save America Act is passed, the President says.
By Catholics for Catholics
Pass the Save America Act or no deal. Period.
That’s the message President Donald Trump sent on Wednesday via a Truth Social post: he will not sign a comprehensive bipartisan housing bill that cleared Congress with vast support, throwing the outlook of one of the most important housing measures in years into doubt, according to a Newsmax story.
Trump wrote that “today’s housing news conference and signing is hereby canceled until such time as we pass the desperately needed Save America Act, which I consider to be a national emergency.”
The president’s post came just one day after the House passed the 21st Century Road to Housing Act by a vote of 358-32 and two days after the Senate approved the measure 85-5, marking a singular bipartisan feat in a Congress that has been beleaguered by partisan gridlock.
The crux of the matter is that the legislation is created to increase housing supply, lessen regulatory barriers, and expand affordability at a time when rising home prices and high mortgage rates remain among Americans’ top economic worries, The Washington Post reported.
In addition, the bill would bar large institutional investors from purchasing more than 350 single-family homes, a provision supporters say would assist families in competing in a constricted housing market.
The bill also expands federal grant programs to encourage new home construction and eliminates a longstanding federal rule governing manufactured housing in an effort to reduce building costs.
🚨 BREAKING: President Trump abruptly CANCELS the signing of the Housing Bill at the Capitol today, DEMANDING the SAVE America Act be passed
— Nick Sortor (@nicksortor) June 24, 2026
Wow! 47 is playing HARDBALL with John Thune
Trump says the SAVE America Act is necessary as we’re in a “NATIONAL EMERGENCY” pic.twitter.com/rxnDLkG5gr
Will Fischer of the Center on Budget and Policy Priorities described the bill as “an important first step to make housing more affordable,” citing stipulations aimed at expanding housing construction, maintaining rural housing and extending disaster recovery assistance.
Still, Fischer admitted that the legislation alone would not solve the problem, saying “much more will be needed to really solve the housing affordability crisis.”
Housing affordability has become an alarmingly pressing issue for lawmakers as voters continue to quote rising housing costs as a major financial affliction, the Washington Post reported.
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