Today, the 21st Century ROAD to Housing Act, led by House Committee on Financial Services Chairman French Hill (R-AR), Ranking Member Maxine Waters (D-CA), Subcommittee on Housing and Insurance Chair Mike Flood (R-NE), and Subcommittee on Housing and Insurance Ranking Member Emanuel Cleaver (D-MO), passed the full U.S. House of Representatives by an overwhelming bipartisan vote of 396-13.
The House-passed resolution amends the Senate-passed version of the legislation, addressing concerns from House members and market participants with a more balanced and workable approach. The amended bill restores critical community banking provisions while preserving key measures to streamline housing development, improve affordability, encourage new construction, update outdated HUD programs, and eliminate burdensome regulatory barriers.
Chairman Hill said, “Today, we proved Washington still works. After months of bipartisan, bicameral negotiations – and with the partnership of the Trump Administration – the House delivered to make housing more accessible and affordable for American families. I urge the Senate to move expeditiously to get our amended bill to President Trump’s desk and deliver the relief Americans have been waiting for.”
Speaker Mike Johnson (R-LA) stated, “The 21st Century ROAD to Housing Act is transformational legislation that will immediately address the housing affordability problem and bring the American Dream back within reach for millions of young and working American families. This bill delivers on our promise to reduce restrictive regulations, increase the housing supply, limit institutional investing in the housing market, and drive down the price of homes nationwide. Chairman Hill, Ranking Member Waters, and the entire House Financial Services Committee did exceptional work to achieve a bipartisan product that delivers the housing policy President Trump has called for and that voters demand. We are grateful that a strong, bipartisan majority of the House voted to pass this legislation today, and we urge the Senate to swiftly do the same.”
Majority Leader Scalise (R-LA) added, “House Republicans are focused on making the American Dream more attainable again for hardworking families. After years of rising costs and burdensome regulations driving homeownership further out of reach, the 21st Century ROAD to Housing Act takes meaningful steps to increase the supply of homes and cut the red tape standing in the way. I’m grateful to Chairman French Hill, Subcommittee Chair Mike Flood, and the Financial Services Committee for their leadership in drafting real solutions that will help more Americans buy a home and build a better future for their families.”
Majority Whip Tom Emmer (R-MN) said, "Homeownership is central to the American Dream. The American people elected Republicans into office because they were tired of this milestone getting further and further away from them. But thankfully, President Trump and Republicans are making the American Dream achievable once again. By passing the 21st Century ROAD to Housing Act, we're continuing to deliver wins for hardworking Americans. This could not have been accomplished without the tireless work of Chairman Hill.”
House Republican Conference Chairwoman Lisa McClain (R-MI) said, “Americans are tired of watching the dream of homeownership slip further out of reach while Washington keeps piling on costs, delays, and bureaucracy. House Republicans are focused on lowering costs, building more homes, and giving families a fair shot at owning a home again. I’m especially proud that this package includes language from my Modular Housing Production Act to help expand access to affordable modular and factory-built housing. Families should not be punished with outdated financing rules just because they choose a more affordable path to homeownership.”
Ranking Member Waters added, “This housing bill is the result of a broad, bipartisan and bicameral legislative process, and is a huge step towards finally addressing the affordable housing and homelessness crises in this country. Americans deserve the peace of mind that comes with having a roof over their heads, the opportunity to build wealth through homeownership, and the dignity of knowing that working hard should be enough to afford a place to live. I am beyond proud of this legislation and the benefits it will bring to all of our cities, counties and states. The Senate must meet this moment with the same urgency and determination and quickly pass this bill. The American people deserve action, not more delays.”
Subcommittee Chair Flood stated, “The 21st Century ROAD to Housing Act, as amended by the House, is landmark legislation that will benefit renters, homeowners, and families hoping to buy a home across the country. The leadership of Chairman Hill and Ranking Member Waters has been instrumental in making this a reality, along with the leadership of President Trump. I hope the Senate takes up the bill without delay so we can make this bill law as soon as possible.”
Rep. Cleaver said, “While the American people are drowning under the rising cost-of-living crisis, Congress has an opportunity to provide a desperately needed lifeline by passing comprehensive, bipartisan housing reforms that will lower costs for families nationwide. For over a year, I have worked with Chairman Hill, Ranking Member Waters, and Chairman Flood to craft legislation that will cut through unnecessary regulations and boost the development of affordable housing. I’m pleased that work has paid off with today’s legislation, which was passed with overwhelming bipartisan support. Now, I look forward to working with our Senate colleagues to get this legislation across the finish line and deliver relief to the American people.”
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