House poised to approve bipartisan affordable-housing bill before sending it to President
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House poised to approve bipartisan affordable-housing bill before sending it to President

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Summary

The U.S. House is expected to pass the 21st Century ROAD to Housing Act, a bipartisan measure aimed at lowering homebuyer costs and limiting institutional investors, before forwarding it to the president.

The U.S. House is set to approve the 21st Century ROAD to Housing Act on Tuesday, sending the bill to the president for signature. The legislation, which passed the Senate by an 85-5 vote, seeks to reduce regulatory hurdles for new construction and caps the number of single-family homes that institutional investors may acquire at 350 units.

Both Democrats and Republicans have highlighted the proposal as a way to address housing affordability ahead of the 2026 midterm elections, while also preserving narrow party majorities in Congress.

The measure faces opposition from a faction of conservative lawmakers who object to its exclusion of the SAVE America Act, a voter-ID bill that requires identification at the ballot box and proof of citizenship for registration. Representative Anna Paulina Luna, R-Fla., warned on social media that she would disrupt House proceedings if leadership pursued an expedited “suspension” vote without broader Republican support.

"The House GOP is attempting to move a Senate Bill with NO VOTER ID and NO SAVE AMERICA ACT. I will have to be a NO on rules for this week (and maybe even longer) if they don't stop the games. I am not the only one. Other House Members are frustrated at the games being played. This is a problem," Luna posted.

Despite Luna’s criticism, analysts say the lack of wider Republican dissent is unlikely to halt the housing bill’s passage.

Source

CNBC

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