The U.S. House Financial Services Committee announced that the 21st Century ROAD to Housing Act has become law. The measure is designed to reduce regulatory barriers to new home construction, modernize Department of Housing and Urban Development programs, address concerns about large investors competing with individual homebuyers, and give community banks more flexibility to deploy funding for housing-related lending. The package includes nine House community banking bills aimed at expanding local lending for housing construction and mortgages, alongside more than 45 provisions focused on easing barriers to new housing supply and updating HUD programs. It also prohibits the issuance of a central bank digital currency until Dec. 31, 2030. As background, the House passed H.R. 6644 on June 23 by a 358-32 vote after bicameral text was released on June 16.
U.S. Financial Services Committee2026-07-11
U.S. House Financial Services Committee says 21st Century ROAD to Housing Act becomes law with housing supply reforms community bank relief and CBDC ban through 2030
The U.S. House Financial Services Committee said the 21st Century ROAD to Housing Act has become law. The measure reduces barriers to home construction, updates HUD programs, addresses competition from large investors and provides community bank relief to support housing lending. It also bars issuance of a central bank digital currency until Dec. 31, 2030.