The 21st Century ROAD to Housing Act passed the House of Representatives last night in 358-32 vote; 41 representatives were not present for the vote.
“With final passage of the 21st Century ROAD to Housing Act, Congress is paving a path back to homeownership for American families who have been locked out for far too long,” said Speaker of the House Mike Johnson (R-LA) in a X post. “This transformational legislation will help address the housing affordability problem, reduce regulations so builders can build, limit institutional investing in the housing market, and bring the American Dream back into reach for millions of young and working families.”
President Trump will sign the bill into law today at noon in a ceremony on Capitol Hill.
Mortgage Bankers Association President and CEO Bob Broeksmit welcomed the bipartisan bill, declaring, “By advancing commonsense reforms that encourage housing production and improve program efficiency, Congress has demonstrated that bipartisan cooperation can deliver real results for consumers, communities, and the broader economy. We look forward to President Trump signing this legislation into law and will continue working with Congress and the Administration to advance additional legislative and regulatory reforms that improve housing affordability, increase housing production, lower closing costs, and expand homeownership and rental opportunities.”
The National Fair Housing Alliance also welcomed the vote but also called out the Executive Branch’s housing policies.
“Congress must also hold the Trump Administration accountable for ensuring that the Fair Housing Act and other critical civil rights laws are fully enforced,” said the organization in a statement. “This includes fulfilling Congress’ intent to fund and support qualified fair housing enforcement agencies who provide the lion’s share of direct assistance to people, including disabled veterans, seniors, families with children, survivors of domestic and sexual violence, people of color, and others, who face housing discrimination. Voters demanded fair and affordable housing solutions to enable all people of America to live and thrive in vibrant and inclusive communities while also sharing in the nation’s prosperity.”
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