The House of Representatives overwhelmingly passed a landmark housing bill, notching a rare bipartisan accomplishment ahead of the midterm elections and clearing the way for President Trump to sign the most significant piece of housing legislation in 36 years. The 358-to-32 House vote ended months of sparring between the House and the Senate over a sprawling measure that aims to tackle the housing crisis by boosting supply. The Senate passed its version of the same bill on June 22 by a vote of 85 to 5. The 21st Century Road to Housing Act aims to touch communities across the country, addressing rural and urban needs as part of a strategy to eventually bring down housing costs. It loosens federal regulations, making it easier, faster and cheaper to build, eases lending rules, rewards communities that build, delivers aid to communities reeling from disasters, and sets new limits on the role institutional investors can play in the market. President Trump abruptly canceled a signing ceremony for the bill, insisting Congress pass unrelated election legislation first. Without a presidential signature or veto, the 21st Century Road to Housing Act automatically becomes law after 10 days. Read more about the legislation, and the Realtor advocacy behind it, at the National Association of Realtors website.
Source: New York Times; 6/24/2026