House Passes 21st Century Housing Bill 358-32, Sending It to Trump
Updated
Updated · POLITICO · Jun 23
House Passes 21st Century Housing Bill 358-32, Sending It to Trump
3 articles · Updated · POLITICO · Jun 23
Summary
The bipartisan housing package cleared the House 358-32 on Tuesday, one day after the Senate approved it 85-5, and President Donald Trump is expected to sign it Wednesday.
The 21st Century ROAD to Housing Act aims to expand housing supply and support home buying during an affordability crunch, while for the first time setting legal limits on large investors buying single-family homes.
French Hill said Treasury should implement the investor curbs narrowly, excluding nonprofits and community land trusts and not reading the law to force divestitures.
The bill survived months of House-Senate wrangling over Wall Street ownership limits, community-bank deregulation and a ban on a Federal Reserve digital currency, then overcame a last-minute threat from Rep. Anna Paulina Luna to disrupt floor action.
Its passage gives Congress a rare bipartisan domestic-policy win on a major voter concern ahead of the midterms and marks the first comprehensive housing legislation in decades.
With local zoning as a key hurdle, how much can this federal housing bill actually lower costs for families?
Will restricting corporate homebuyers make houses more affordable, or could it unintentionally reduce the supply of rental homes?
Congress Passes 21st Century ROAD to Housing Act: New Federal Limits on Institutional Investors and Grants to Expand Affordable Housing
Overview
The 21st Century ROAD to Housing Act, as of June 23, 2026, has passed Congress and awaits the president’s signature, marking a major bipartisan effort to address the nation’s housing crisis. Built from over 60 pieces of legislation, including 36 with bipartisan sponsors, the Act reflects broad consensus and support from key organizations. Its core provisions aim to expand housing supply, modernize programs, and limit large institutional investors from buying single-family homes. While the Act is seen as a significant step, its full impact will unfold over time, with ongoing challenges and further legislative action expected to address persistent housing issues.