The U.S. House Committee on Financial Services published remarks from Chairman French Hill and Housing and Insurance Subcommittee Ranking Member Emanuel Cleaver on the House’s passage of the 21st Century ROAD to Housing Act, which cleared the chamber by a 396-13 vote. In the interview, they described the measure as a bipartisan compromise and said they believe it can secure Senate approval and be signed by President Trump. Hill said the House measure is the Senate bill as amended by the House and that negotiations required both parties to give up provisions from earlier versions. He also said the bill includes a provision aimed at preventing institutional investors from outbidding households for single-family homes without reducing housing funding or limiting efforts to increase housing supply. The next step is Senate consideration. Hill said President Trump has indicated he will sign the bill if the Senate passes it.
U.S. Financial Services Committee2026-05-22
U.S. House Committee on Financial Services highlights House passage of 21st Century ROAD to Housing Act by 396 to 13
The U.S. House Committee on Financial Services reported that the House passed the 21st Century ROAD to Housing Act by a 396-13 vote, with leaders describing it as a bipartisan compromise aligned with a Senate bill. Chairman French Hill highlighted negotiations that removed prior provisions and noted a measure to prevent institutional investors from outbidding households for single-family homes without cutting housing funding, adding that President Trump has indicated he will sign the bill if approved by the Senate.