government
Congress passes bipartisan housing bill aimed at increasing supply, lowering prices
By AP at ABC7 Los Angeles (KABC)
· June 23, 2026
· 1 min read
The House gave final approval Tuesday to a broad bipartisan bill aimed at lowering the cost of housing, with lawmakers in both parties eager to show progress on affordability issues ahead of this year's midterm elections.
Why this matters in The Los Angeles
The Senate's passage of a bipartisan housing bill has significant implications for Los Angeles , where the cost of living continues to outpace wages for many residents. By reducing federal regulations and expanding local control, the city may be able to accelerate the development of new housing units, which could help alleviate some of the pressure on the local market. This could be particularly beneficial in neighborhoods where gentrification and displacement have become major concerns. As the bill moves forward, Angelenos will be watching to see how the city's government and developers respond to the new regulatory environment, and whether the promised increase in supply will actually lead to more affordable options for renters and buyers. The city's ability to balance growth with community needs will be a key factor in determining the bill's ultimate impact on Los Angeles.
About this story
Original reporting by ABC7 Los Angeles (KABC) . The Los Angeles 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 ABC7 Los Angeles (KABC) . Have a tip or correction? Contact our newsroom .
Category: government ·
Published: June 23, 2026 ·
Source: ABC7 Los Angeles (KABC) ·
Reading time: 1 min
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What is this story about? The House gave final approval Tuesday to a broad bipartisan bill aimed at lowering the cost of housing, with lawmakers in both parties eager to show progress on affordability issues ahead of this year's midterm elections.
When was this published? This article was first published on June 23, 2026 by ABC7 Los Angeles (KABC) and curated for The Los Angeles readers.
Who reported this story? This story was reported by AP at ABC7 Los Angeles (KABC). To learn more about how The Los Angeles selects and reviews stories, see our editorial standards .
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