The U.S. House Committee on Financial Services announced that the full House of Representatives passed the amended 21st Century ROAD to Housing Act by a 396-13 vote. The House version revises the Senate-passed bill and would restore community banking provisions while preserving measures to streamline housing development, improve affordability, encourage new construction, update HUD programs, and remove regulatory barriers. According to the committee, the House amendments were made in response to concerns raised by House members and market participants and were intended to produce a more balanced and workable bill. The package is presented as a bipartisan housing reform measure focused on expanding housing supply and reducing regulatory frictions. Committee leaders urged the Senate to take up and pass the House-amended bill quickly so it can be sent to President Trump.
U.S. Financial Services Committee2026-05-20
U.S. House Committee on Financial Services announces House passage of amended housing bill restoring community banking provisions by 396-13
The U.S. House Committee on Financial Services announced House passage of an amended 21st Century ROAD to Housing Act, revising the Senate bill to restore community banking provisions while preserving measures to streamline housing development, improve affordability, encourage new construction, update HUD programs, and remove regulatory barriers. The committee said the amendments address concerns from House members and market participants and aim to deliver a more balanced, bipartisan housing reform package focused on expanding housing supply and reducing regulatory frictions.