FILE-President Donald Trump arrives for a working session on promoting economic growth with G7 leaders and G7 outreach partners as German Chancellor Friedrich Merz looks on, during the G7 Summit on June 17, 2026 in Evian-les-Bains, France. (Photo by …
President Donald Trump canceled a bill signing for bipartisan legislation on housing affordability on Wednesday, stating he wouldn’t back the law until Congress passes his elections bill.
In a Truth Social post on Wednesday, Trump wrote: "Today’s Housing News Conference and Signing is hereby cancelled until such time as we pass the desperately needed SAVE AMERICA ACT, which I consider to be a National Emergency. Thank you for your attention to this matter!"
Trump is heading to Capitol Hill to speak to senators about the housing bill. He was scheduled to sign the 21st Century ROAD to Housing bill on Wednesday afternoon, which passed both chambers with bipartisan support.
Trump pushing for SAVE America Act
Dig deeper:
President Donald Trump has been pushing the Senate to eliminate the filibuster and pass the legislation, known as the SAVE America Act.
This bill would create strict new requirements for voters to prove citizenship and show voter identification at voting polls.
Trump has also called for a ban on mail-in ballots in the legislation and unrelated stipulations to block sex reassignment surgeries on some minors and prevent people born as men from playing in women’s sports.
What does the new affordable housing bill mean for homebuyers?
Big picture view:
The 21st Century Road to Housing Act is a combination of provisions created to either encourage housing construction or make it easier for consumers to purchase a home, according to the Bipartisan Policy Center.
A major part of the legislation is a ban that prevents corporate investors from buying up more single-family homes to rent out. If one of those groups already owns at least 350 houses, it won't be able to buy others.
Another stipulation of the bill focuses on making manufactured homes more affordable by getting rid of the rule that those houses must have a permanent steel frame that makes them movable.
NPR reported that manufactured homes are often installed onto permanent foundations, and housing policy experts explain that removing the steel frame requirement may slash $5,000 to $10,000 off construction costs and allow for designs that could more easily implement a second story or basement.
The Source: Information for this story was provided by a social media post from President Donald Trump, the Bipartisan Policy Center, Politico, The Associated Press, and NPR. This story was reported from Washington, D.C.