Overview
- The Senate is expected to vote Monday to advance the 21st Century ROAD to Housing Act after months of negotiations, with the House scheduled to consider the bill later this week and the measure then headed to President Trump if both chambers approve.
- Negotiators led by Sens. Tim Scott and Elizabeth Warren and Reps. French Hill and Maxine Waters produced the compromise that won broad support across housing stakeholders.
- The final bill keeps a 350‑unit threshold that limits large institutional investors from buying single‑family homes and drops an earlier Senate proposal that would have forced investors to resell newly built units after seven years.
- The package focuses on cutting regulatory barriers and boosting production by streamlining environmental reviews, tying some Community Development Block Grant funds to local homebuilding, expanding manufactured housing financing, and creating redevelopment grant pilots.
- Lawmakers pared a permanent disaster‑recovery authorization to three years and provided little new direct federal housing funding, so the bill’s on‑the‑ground effect will depend on agency rulemaking, local zoning and permitting, and private market responses.