Overview
- The 21st Century ROAD to Housing Act passed both chambers by wide margins — 85–5 in the Senate and 358–32 in the House — and Speaker Mike Johnson formally sent the bill to the White House on June 29.
- On Friday, July 10, President Trump posted that he will not sign the bill in protest over the stalled SAVE America Act, and he did not announce a veto so the measure will become law automatically if he takes no further action during the 10‑day constitutional review period.
- The package bundles more than 40 supply‑side reforms, including faster permitting, incentives for manufactured and modular housing, a federal limit that targets large institutional owners at roughly 350 single‑family homes, and a four‑year ban on a U.S. central bank digital currency.
- Most provisions require lengthy implementation: federal agencies must write rules and local governments must change zoning before construction and affordability effects appear, and analysts warn measurable relief for buyers and renters will take years and could face legal challenges.
- Politically, the president’s protest deepens GOP divisions over priorities, hands Democrats a clear midterm messaging point on affordability, and sets up battles during rulemaking and in court over how the law is applied.