WASHINGTON, D.C. (WRN) — Legislation to increase the nation’s housing supply passes without support from a Wisconsin Republican.
President Trump abruptly announced on Wednesday that he will not sign the 21st Century ROAD to Housing Act until lawmakers pass his elections bill known as the SAVE America Act. Wisconsin’s Ron Johnson joined Republicans Mike Lee of Utah, Rand Paul of Kentucky, Rick Scott of Florida, and Tommy Tuberville of Alabama, voting no as the Senate passed the housing bill on Monday.
It passed the House overwhelmingly on Tuesday, with all members of the Wisconsin delegation in support. Among other provisions, the measure would restrict the presence of institutional investors in the single-family housing market.
Johnson, who voted against the Senate version in March, argued in a column from The Wall Street Journal editorial board that the bill would result in creation of less housing due to those restrictions.