Overview
- The House approved the amended 21st Century ROAD to Housing Act in a 396–13 vote on Wednesday, May 20, 2026, and sent the measure back to the Senate for final action.
- Lawmakers kept a 15‑year ban that stops large institutional owners—defined as entities with roughly 350 or more units—from buying additional single‑family homes while stripping the Senate’s rule forcing build‑to‑rent properties to be sold after seven years.
- The White House publicly backed the House text after the changes, giving President Trump’s housing agenda a key endorsement even as Senate leaders signaled reservations.
- The package pairs investor limits with supply‑side reforms such as streamlined environmental reviews, expanded manufactured housing rules, incentives for local zoning changes, and community banking provisions to speed homebuilding.
- Industry groups warned the original seven‑year divestment would chill new build‑to‑rent construction and reduce completions, and senators must now reconcile those concerns before the bill can reach the president’s desk.