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President Donald Trump signed two executive orders on Friday aimed at slashing regulations that have slowed home-building and complicated the lending process as the president zeroes in on his house affordability agenda.<\/p>\n
One order<\/a> seeks to take federal regulatory burdens off of homebuilders, streamline federal permitting for housing developments, and develop regulatory best practices for state and local governments to follow. The other order<\/a> would \u201cimprove the availability and affordability of mortgage credit\u201d and ease regulations that have especially affected local lenders, such as community banks, according to the White House.<\/p>\n \u201cIt is the policy of my Administration to reduce regulatory barriers to building homes and to steward taxpayer dollars in a manner that promotes housing affordability,\u201d one of the orders states.<\/p>\n Trump\u2019s move to address housing affordability comes as the White House focuses on tackling economic issues ahead of the 2026 midterm elections. Housing costs remain on the forefront of many Americans\u2019 minds after prices jumped in the years after the COVID pandemic, when construction significantly slowed.<\/p>\n \u201cThe American dream of homeownership depends on a dynamic housing market in which a varied inventory of new homes is built and renovated each year,\u201d Trump\u2019s executive order added. \u201cLayers of unnecessary regulatory barriers, slow permitting processes, and onerous mandates at all levels of government have delayed construction, restricted development, and driven up the costs of new housing. These constraints have made housing less affordable for many Americans.\u201d<\/p>\n