A bipartisan House bill, the Housing for the 21st Century Act, passes 390-9 to expand affordable housing and streamline approvals, signaling a major step toward addressing the national housing shortage.

The package aims to boost housing supply, cut regulatory barriers, and modernize federal programs to curb rising prices and improve affordability.

Provisions include zoning reforms and building code updates, with a focus on modular and manufactured housing and promoting point-access block designs to speed construction.

Quiver Quantitative estimates Liccardo’s net worth at about $8.3 million as of February 10, 2026, with roughly $648,100 in publicly traded assets.

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Debate extends to potential limits on institutional investors buying single-family homes and whether policies should curb these purchases, due to concerns about price and supply effects.

Public sentiment and electoral considerations frame affordability as a central issue ahead of the midterm elections.

The bill includes a pilot program for small-dollar mortgages under $100,000, detailing closing costs, appraisals, title insurance, annual reporting, risk assessments, and a four-year review.

This story is a collaborative report by NOTUS and NEWSWELL.

Industry voices argue the package is a necessary first step but stress that solving supply is essential to truly lowering prices and expanding homeownership options.

Supporters argue the PWI cap increase will unlock billions in private investment and improve LIHTC outcomes, noting a similar cap rise in 2006 spurred bank investments.

LendingTree positions itself as aligning its narrative with housing market access and financial stability, noting leadership changes and strong Q3 2025 results to contextualize its stance.