House passes sweeping bill to lower housing costs, sending it to Trump’s desk
The measure would expand financing, add renter protections and fund local housing projects as lawmakers seek relief from a shortage of 10 million homes, analysts said.
- On Tuesday, the House passed the 21st Century ROAD to Housing Act 358-32, sending the bipartisan legislation to President Donald Trump for his expected signature Wednesday at the Capitol.
- Lawmakers advanced the package to address the nation's housing affordability crisis, which includes a shortage of 10 million homes and rising costs that have stifled market activity.
- The bill expands financing for "innovative housing" like modular homes, reforms zoning regulations, and caps single-family home purchases by institutional investors at 350 to boost supply.
- While the Senate passed the legislation 85-5 on Monday, Rep. Anna Paulina Luna, R-Fla., opposed the House process because it excluded the SAVE America Act, which requires voter identification.
- Democrats and Republicans eager to campaign on affordability ahead of the 2026 midterm elections pushed the measure through, marking a rare moment of cooperation in a divided Congress.
174 Articles
174 Articles
Congress passes the largest housing affordability bill in decades
If there’s room for agreement on anything in Washington, it’s that lawmakers need to do something to make homeownership more affordable. On Tuesday, legislators on both sides of the aisle clinched the final vote in the House to pass the largest piece of housing legislation in decades.The bill, called the 21st Century Road to Housing Act, passed 358-32 in the House. The Senate approved it Monday with similarly overwhelming bipartisan support. It …
Can the housing bill passed by Congress make buying a home more realistic?
Congress approved the 21st Century Road to Housing Act, a bipartisan effort to increase affordable housing supply and reduce costs, with President Donald Trump expected to sign it into law on Wednesday.
Congress, in an overwhelming bipartisan vote, sent the largest affordable housing project to President Donald Trump’s desk, who will stamp his signature this Wednesday to officially turn the text into law. The House of Representatives passed it by 358 votes in favour and 32 against, a day after the Senate did the same for 85-5, in a clear breath of fresh air for an increasingly polarized legislative power. Known as the ROAD Act on 21st Century H…
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