KOLO: Nevada’s Lee calls on Trump to sign housing bill

WASHINGTON DC (KOLO) - Nevada Representative Susie Lee is calling on President Trump to sign a bill on housing.

The 21st Century ROAD to Housing Act has been sitting on Trump’s desk ever since it passed through both the House and the Senate in June.

“Buying or renting a home should not be out of reach for Americans. One job should be enough to own a home, afford health care, and retire with dignity. That’s exactly what I’ve been fighting for,” said Congresswoman Susie Lee. “Over a week ago, Democrats and Republicans came together to pass a bipartisan package to increase housing supply and lower costs for families. Unfortunately, this President is more interested in political games than making the dream of home ownership a reality for Americans. I have a simple message for him: sign the damn bill.”

The bill prohibits large institutional investors already owning more than 350 properties from buying single family homes.

Lee says investors own around a quarter of Nevada’s single-family homes, or around 303,000 properties.