North America Via Associated Press

Trump's Last-Minute Veto Leaves Homebuyers and Renters in Lurch Over Bipartisan Housing Bill

A bipartisan housing bill that would lower housing costs and spur construction has been blocked by President Trump's refusal to sign it into law, leaving its impact uncertain for homebuyers and renters.

Trump's Last-Minute Veto Leaves Homebuyers and Renters in Lurch Over Bipartisan Housing Bill
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A bipartisan housing bill that passed through Congress this week has been blocked by President Trump's refusal to sign it into law, leaving homebuyers and renters uncertain about future relief from rising housing costs and stagnant construction rates. The package aimed to lower the cost of housing and spur more home construction, but its fate is now in limbo. Homeowners and renters who were hoping for increased funding for programs that help with down payments and rental assistance may be disappointed by Trump's decision. The bill's passage was seen as a major step forward in addressing the nation's affordable housing crisis.

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Original source: Associated Press
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