local
Congress has approved a bipartisan bill to lower housing costs. Trump is expected to sign it
By Nathaniel Reed at NewsChannel 5 WTVF (CBS affiliate)
· 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 Nashville
The 21st century Road to Housing Act's potential impact on Nashville 's housing market is significant, given the city's ongoing struggle with affordability. As the bill aims to increase housing supply and cut red tape, it could help address the city's shortage of affordable homes. The pilot program for small dollar mortgages under $100,000, in particular, may benefit low-income residents in Nashville who are often priced out of the market. Additionally, the grant program to streamline construction of new homes could encourage developers to build more affordable housing options in the city. The legislation's provision to prevent large institutional investors from stockpiling properties may also help to keep homes available for individual buyers, rather than being snapped up by investors. As the bill heads to President Trump's desk, Nashville residents and city officials will be watching closely to see how its implementation affects the local housing landscape.
About this story
Original reporting by NewsChannel 5 WTVF (CBS affiliate) . The Nashville 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 NewsChannel 5 WTVF (CBS affiliate) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 24, 2026 ·
Source: NewsChannel 5 WTVF (CBS affiliate) ·
Reading time: 2 min
Get more The Nashville stories like this
Free weekly briefing covering local and other local news. Curated by our editorial team. No spam.
By subscribing you agree to our privacy policy . Unsubscribe anytime.
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 NewsChannel 5 WTVF (CBS affiliate) and curated for The Nashville readers.
Who reported this story? This story was reported by Nathaniel Reed at NewsChannel 5 WTVF (CBS affiliate). To learn more about how The Nashville selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Nashville, or browse our daily briefing and topic hubs .
← Back to all news
More local →
Today’s briefing
Subscribe to newsletter