The U.S. Congress passed the 21st Century Road to Housing Act, the largest housing affordability legislation in decades, sending it to President Trump's desk for signature. The bill sailed through the House 358 to 32 and the Senate 85 to 5, with rare bipartisan backing from both chambers.
The legislation's 50-plus provisions aim to lower housing costs by boosting supply and removing building barriers. Key measures include stripping a chassis requirement from manufactured homes — cutting $5,000–$10,000 in construction costs — speeding up permits by rewarding local governments that build more housing, creating a small-dollar mortgage program for lower-cost homes, and barring institutional investors from owning more than 350 single-family homes.
The bill was led by Sens. Elizabeth Warren (D-MA) and Tim Scott (R-SC) along with Reps. Maxine Waters (D-CA) and French Hill (R-AR), representing one of the most significant bipartisan legislative achievements of the current Congress.