{"database": "press", "table": "releases", "rows": [["https://susielee.house.gov/media/press-releases/icymi-now-law-rep-lee-helped-pass-most-significant-housing-reform-decades", "ICYMI: Now Law: Rep. Lee Helped Pass Most Significant Housing Reform in Decades", "2026-07-13", "2026", "2026-07", "Democrat", "House", "NV", "Susie Lee", "L000590", "susielee.house.gov", "susielee", "https://susielee.house.gov/media/press-releases", "scraper", "WASHINGTON, D.C. \u2013 The bipartisan 21st Century ROAD to Housing Act, which Congresswoman Susie Lee (NV-03) helped pass, became law on Saturday, July 11, 2026 \u2013 despite Trump\u2019s best efforts to hold it hostage. This bill, the most significant piece of housing legislation in nearly four decades, will lower housing costs by cracking down on corporate homeownership and making it easier to build housing here in southern Nevada.\n\n\u201cIt\u2019s no secret how expensive it is to buy a home or even afford rent here in Las Vegas. On top of that, one in four homes are owned by big institutional investors that are jacking up the prices for Nevada families,\u201d said Congresswoman Susie Lee. \u201cThat\u2019s why I helped pass this bipartisan housing bill to crack down on corporate investors and make it easier to build more homes families can afford. But, the President didn\u2019t want to give Nevadans relief and chose to sit on it for a week to prove a political point. Nevadans deserve better. Despite this unnecessary delay, families will finally get the relief they need.\u201d\n\nRecently, Lee led nearly a dozen battleground members to call on President Trump to sign the legislation. Despite Republicans and Democrats coming together to overwhelmingly pass the bill, President Trump refused to sign it as Americans saw their housing costs skyrocket, even calling it \u201cunimportant.\u201d The bill automatically became law without the President\u2019s signature on July 11, 2026.\n\nAcross the country, Americans are feeling the impacts of the housing crisis. Nationwide, the average age of a first-time homebuyer reached a record-high of 40-years-old. In Nevada, median rents have nearly doubled over the last decade, and Las Vegas residents need to make over $72,000 annually to comfortably afford rent \u2013 nearly a 40% increase since 2020.\n\nKey provisions of the bill include:\n\nProhibiting large institutional investors that already own more than 350 properties from purchasing certain single-family homes.\n\nInvestors own 24.84% of Nevada\u2019s single-family homes, equating to about 303,000 properties\u2014that\u2019s 6% higher than the national average and the seventh highest share in the nation.\n\nReauthorizing and expanding eligibility for the HOME Investment Partnership Program, including increasing the maximum eligible income.\n\nThe HOME program has invested $264.1 million in Nevada since 1992, which has helped build or preserve 8,910 homes, provide rental assistance to over 1,350 families, support more than 15,800 jobs, and generate roughly $1 billion in local income.\n\nIncreasing flexibility for the use of Community Development Block Grant (CDBG) funds, including authorizing the use of funds for construction of new affordable housing.\n\nClark County receives approximately $8.5 million annually from HUD in CDBG funding, which may be used for a variety of activities that support low- and moderate- income communities.\n\nPermanently excluding veterans\u2019 disability payments from annual income calculations under the Department of Housing and Urban Development Veterans Affairs Supportive Housing Program (HUD-VASH).\n\nVASH is a joint effort between the HUD and the VA, where HUD allocates \u201cHousing Choice\u201d Section 8 vouchers across the country. These vouchers allow Veterans and their families to live in market rate rental units while VA provides case management services. Veterans\u2019 disability income will no longer be considered when applying for the HUD-VASH vouchers. From 2008-2024, HUD-VASH collectively provided over 2,000 vouchers to support Nevada\u2019s veterans.\n\nThis bill includes key provisions to broaden access to homeownership, expedite building of manufactured housing, make available small-dollar mortgages, better protect borrowers and families living in public or assisted housing, enhance federal oversight of housing providers, and lay the groundwork for the development of new homes families can afford across America.\n\nKSNV-NBC 3: News 3 Live at Three-Thirty\n\nJuly 10, 2026\n\nHere's Nevada Congresswoman Susie Lee from last week, when President Trump canceled the signing ceremony.\n\n\u201cIn our state, Clark County is facing one of the most severe housing crises in the country.\n\n\u201cIn fact, we have the worst shortage of affordable rental units in the entire country.\n\n\u201cAnd let's just be clear: I think we can all agree that buying or even renting a home should not be out of reach for Americans.\n\n\u201cWe should live in a country where one job should be enough to own a home, to afford health care, to afford a vacation once a year, to retire with dignity. and that's exactly what we've been fighting for.\u201d\n\nThe bill takes aim at investors buying up housing, which the Congresswoman has said is a key issue because 1 in 4 homes are actually owned by investors right here in Clark County.\n\nThe Nevadan: Instagram Post\n\nJuly 7, 2026\n\nNevada Rep. Susie Lee had a blunt message for Trump on a bipartisan housing bill: \u201cSign the damn bill.\u201d\n\nLee says Clark County\u2019s housing crisis is too urgent for political games, especially after the legislation passed overwhelmingly in both the House and Senate.\n\nCongresswoman Lee has consistently worked to build more housing families can afford across southern Nevada. She led and helped get signed into law the bipartisan Accelerating Appraisals and Conservation Efforts (AACE) Act to speed up appraisals and approvals for Nevada housing projects and cut governmental red tape that drives up housing costs. Congresswoman Lee is also a cosponsor of the Housing Oversight and Mitigating Exploitation (HOME) Act to help lower housing costs for Nevadans by cracking down on price gouging by corporate investors who are buying up housing stock and driving up home prices.\n\n###", 1, "2026-07-14T07:08:55Z", "2026-07-14T07:10:52Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://susielee.house.gov/media/press-releases/icymi-now-law-rep-lee-helped-pass-most-significant-housing-reform-decades"], "units": {}, "query_ms": 1.127392053604126, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}