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House approves major housing affordability bill
By CBS Texas at CBS Texas (KTVT) DFW
· June 24, 2026
· 1 min read
The bill will ban corporate investors from buying homes in bulk and renting them out in return, and the bill will also aim to increase housing supply overall, to help lower prices. It has now passed in both chambers of Congress and heads to President Trump's desk, to be signed into law.
Key takeaway It has now passed in both chambers of Congress and heads to President Trump's desk, to be signed into law.
Why this matters in Southlake News
The passage of this housing affordability bill has significant implications for Southlake residents, who have seen housing prices skyrocket in recent years. By banning corporate investors from buying homes in bulk, the bill aims to prevent these investors from driving up prices and limiting the availability of homes for individual buyers. This could be particularly beneficial for first-time homebuyers and low-to-moderate income families in Southlake, who have been priced out of the market. Additionally, the bill's goal of increasing the overall housing supply could help to alleviate some of the pressure on the local housing market, potentially leading to more affordable options for renters and buyers alike. As the bill heads to the President's desk, Southlake residents will be watching closely to see how these changes play out in their community.
About this story
Original reporting by CBS Texas (KTVT) DFW . Southlake News 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 CBS Texas (KTVT) DFW . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 24, 2026 ·
Source: CBS Texas (KTVT) DFW ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? The bill will ban corporate investors from buying homes in bulk and renting them out in return, and the bill will also aim to increase housing supply overall, to help lower prices. It has now passed in both chambers of Congress and heads to President Trump's desk, to be signed into law.
When was this published? This article was first published on June 24, 2026 by CBS Texas (KTVT) DFW and curated for Southlake News readers.
Who reported this story? This story was reported by CBS Texas at CBS Texas (KTVT) DFW. To learn more about how Southlake News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from Southlake News, or browse our daily briefing and topic hubs .
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