local
Senate passes bipartisan housing bill aimed at raising supply, lowering prices
By Michael Casey and Mary Clare Jalonick | The Associated Press at NBC 5 Dallas-Fort Worth (KXAS)
· June 22, 2026
· 5 min read
The Senate passed a bipartisan housing bill on Monday that aims to reduce federal regulations and expand local control, one of the most sweeping efforts in recent decades to increase supply and bring down prices.
The bill, which passed 85-5 and now heads to the House, has been the focus of int...
Key takeaway Elizabeth Warren, the top Democrat on the banking panel, said it is the most significant housing bill to pass Congress since 1990, when the average home in America was sold for $150,000.
Why this matters in The Trophy Club
In Denton County, where Trophy Club is located, the impact of rising housing costs is deeply felt. As the Senate prepares to pass a bipartisan housing bill, local residents may wonder how this legislation will affect the area's affordability crisis. The ban on corporate investors buying single-family homes could potentially benefit Trophy Club homeowners, who have seen their community grow rapidly in recent years. By increasing the supply of affordable housing and reducing the influence of corporate investors, the bill may help to slow the pace of rising home prices in the area. As the bill moves to the House for final approval, Trophy Club residents will be watching to see how this legislation will address the nation's affordability crisis and what specific benefits it may bring to their community. The local housing market, which has been affected by the same national trends as the rest of the country, may see a shift in the coming months as a result of this new legislation.
About this story
Original reporting by NBC 5 Dallas-Fort Worth (KXAS) . The Trophy Club 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 NBC 5 Dallas-Fort Worth (KXAS) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 22, 2026 ·
Source: NBC 5 Dallas-Fort Worth (KXAS) ·
Reading time: 5 min
Get more The Trophy Club 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? The Senate passed a bipartisan housing bill on Monday that aims to reduce federal regulations and expand local control, one of the most sweeping efforts in recent decades to increase supply and bring down prices.
The bill, which passed 85-5 and now heads to the House, has been the focus of int...
When was this published? This article was first published on June 22, 2026 by NBC 5 Dallas-Fort Worth (KXAS) and curated for The Trophy Club readers.
Who reported this story? This story was reported by Michael Casey and Mary Clare Jalonick | The Associated Press at NBC 5 Dallas-Fort Worth (KXAS). To learn more about how The Trophy Club selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Trophy Club, or browse our daily briefing and topic hubs .
← Back to all news
More local →
Today’s briefing
Subscribe to newsletter