The House approved the 21st Century ROAD to Housing Act in a 358-32 vote, sending the bipartisan housing affordability package to President Trump. The bill seeks to boost home construction, streamline rules and restrict large institutional investors from buying more single-family homes.
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The Senate passed the 21st Century ROAD to Housing Act in an 85-5 vote, sending a bipartisan housing affordability package to the House. The bill seeks to expand housing supply, streamline construction and limit large investors’ purchases of single-family homes.
The Senate overwhelmingly approved the bipartisan 21st Century ROAD to Housing Act, a comprehensive bill aimed at increasing affordable housing by streamlining construction, easing regulations, and limiting institutional investors from buying single-family homes. Sponsored by Senators Warren and Scott, the legislation includes grants, coordinated environmental reviews, and provisions to curb Wall Street’s influence in the housing market, though some opposition remains over certain investor restrictions. While the bill passed the Senate decisively, its future in the House is uncertain due to differences in versions, political opposition, and competing legislative priorities, even as housing affordability remains a critical issue for Americans.