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Congress has approved a bipartisan bill to lower housing costs. Trump is expected to sign it
By Nathaniel Reed at WXYZ Channel 7 (ABC Detroit) - News
· June 24, 2026
· 2 min read
A new bill aimed at increasing housing affordability now has the support of Democrats and Republicans and could go to President Trump's desk as soon as this week. Its supporters have hailed it as the most significant bipartisan housing reform effort in decades.The 21st century Road to Housing Act...
Key takeaway The 21st century Road to Housing Act is aimed at lowering costs, creating new housing supply, and critically cutting red tape.
Why this matters in The Detroit
In Detroit , where housing affordability and availability have long been concerns, the 21st century Road to Housing Act could bring some relief. The city's residents, who have seen neighborhoods revitalized and new developments spring up, still face significant barriers to homeownership. The bill's provisions, such as the pilot program for small dollar mortgages and streamlined construction processes, could help increase the supply of affordable housing in the city. Additionally, the restriction on large institutional investors stockpiling properties could help prevent further gentrification and displacement of long-time residents. As the city continues to work on revitalizing its neighborhoods and attracting new residents, this legislation could provide a much-needed boost to its efforts to create more affordable and accessible housing options. Detroit's community leaders and residents will be watching closely to see how the bill's implementation plays out and what impact it will have on the city's housing landscape.
About this story
Original reporting by WXYZ Channel 7 (ABC Detroit) - News . The Detroit surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit WXYZ Channel 7 (ABC Detroit) - News . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 24, 2026 ·
Source: WXYZ Channel 7 (ABC Detroit) - News ·
Reading time: 2 min
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Frequently asked about this story
What is this story about? A new bill aimed at increasing housing affordability now has the support of Democrats and Republicans and could go to President Trump's desk as soon as this week. Its supporters have hailed it as the most significant bipartisan housing reform effort in decades.The 21st century Road to Housing Act...
When was this published? This article was first published on June 24, 2026 by WXYZ Channel 7 (ABC Detroit) - News and curated for The Detroit readers.
Who reported this story? This story was reported by Nathaniel Reed at WXYZ Channel 7 (ABC Detroit) - News. To learn more about how The Detroit selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Detroit, or browse our daily briefing and topic hubs .
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