She is pushing for legislation that would force developers to build housing people can actually afford and stop hedge fund speculators from buying up housing in our area that increases prices.
Support legislation that forces developers to build housing people can afford and prevents hedge funds from buying up local housing stock.
Occurrences
Evidence
Cosponsors list shows Rep. Foushee added to H.R.2038 on 06/12/2025. The bill’s official title is “To make housing more affordable, and for other purposes,” and the summary says it addresses housing affordability and availability through grants, housing programs, and oversight of financial institutions.
Foushee and Ross sent a letter urging FHFA and CFPB to examine the impact of institutional investment on housing and whether investors were using federal affordable-housing programs at the expense of homeowners and renters.
Foushee announced that all fifteen FY2026 Community Project Funding requests were signed into law, including $2 million for Legion Road Affordable Housing Development and $2 million for Southside Revitalization Phases III and IV.
Assessments
Foushee took same-term actions related to housing affordability and institutional ownership, including cosponsoring H.R.2038, urging federal scrutiny of Wall Street-style housing investment, and securing affordable-housing project funding. However, the evidence does not show enacted legislation that forces developers to build affordable housing or prevents hedge funds from buying local housing stock. These actions materially align with parts of the promise but fall short of full delivery.