President Donald Trump refused to sign the bipartisan 21st Century ROAD to Housing Act on Saturday. The legislative package aims to lower housing costs and spur construction by reducing federal regulations and streamlining the building process.
Trump announced he will withhold his signature until Congress passes legislation requiring proof of citizenship for all voters. This reversal follows previous White House support for the measure.
The decision stalls efforts to address a housing market where sales remain near 30-year lows. High prices and mortgage rates continue to impact affordability, while the move introduces significant policy uncertainty for the real estate sector.