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President Trump cancels signing of housing bill, reiterates demand for SAVE America Act
By CBS Texas at CBS Texas (KTVT) DFW
· June 24, 2026
· 1 min read
Trump was set to sign the bill, known as the 21st Century ROAD to Housing Act, during an event at the Capitol. The measure aims to increase housing supply and bring down costs, including by limiting institutional investors from purchasing certain single-family homes.
Key takeaway The measure aims to increase housing supply and bring down costs, including by limiting institutional investors from purchasing certain single-family homes.
Why this matters in Southlake News
The cancellation of the 21st Century ROAD to Housing Act signing has significant implications for the Southlake community, where housing affordability is a growing concern. As the Dallas-Fort Worth area continues to experience rapid growth, the demand for single-family homes has driven up costs, making it challenging for local residents to find affordable housing options. The measure's provision to limit institutional investors from purchasing certain single-family homes could have helped to mitigate this issue, potentially preserving more homes for individual buyers and families. With the signing cancelled, Southlake residents will be watching closely to see how the SAVE America Act, which President Trump is now prioritizing, will address the pressing need for affordable housing in their community. The fate of this legislation will have a direct impact on the local housing market, and residents will be eager to see how it unfolds.
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? Trump was set to sign the bill, known as the 21st Century ROAD to Housing Act, during an event at the Capitol. The measure aims to increase housing supply and bring down costs, including by limiting institutional investors from purchasing certain single-family homes.
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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