government
House gives final approval to bipartisan housing bill aimed at lowering costs
By Michael Casey and Mary Clare Jalonick l The Associated Press at NBC Los Angeles (KNBC)
· 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.
The 358-32 vote sends the bill to President Donald Trump, who is expecte...
Key takeaway The 358-32 vote sends the bill to President Donald Trump, who is expecte...
Why this matters in The Los Angeles
The passage of this bipartisan housing bill has significant implications for Los Angeles , where the cost of living and housing affordability have become major concerns. With the median age of first-time homebuyers now at 40 and rents soaring 47% since the pandemic, the need for affordable housing solutions is dire. The bill's provisions to expand financing, encourage innovative housing developments, and protect renters will be closely watched in Los Angeles, where the city government has been grappling with ways to address its own housing crisis. The allocation of Community Development Block Grant money to local governments that exceed the median rate of homebuilding could also provide a boost to Los Angeles's efforts to build more affordable housing units. As the city continues to struggle with homelessness and housing affordability, the implementation of this bill will be crucial in determining whether it can make a meaningful impact on the lives of Angelenos.
About this story
Original reporting by NBC Los Angeles (KNBC) . 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 NBC Los Angeles (KNBC) . Have a tip or correction? Contact our newsroom .
Category: government ·
Published: June 23, 2026 ·
Source: NBC Los Angeles (KNBC) ·
Reading time: 1 min
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Frequently asked about this story
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.
The 358-32 vote sends the bill to President Donald Trump, who is expecte...
When was this published? This article was first published on June 23, 2026 by NBC Los Angeles (KNBC) and curated for The Los Angeles readers.
Who reported this story? This story was reported by Michael Casey and Mary Clare Jalonick l The Associated Press at NBC Los Angeles (KNBC). To learn more about how The Los Angeles selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more government coverage from The Los Angeles, or browse our daily briefing and topic hubs .
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