Leaders of the U.S. Senate Committee on Banking, Housing and Urban Affairs released updated bill text and a section-by-section for the 21st Century ROAD to Housing Act ahead of Senate consideration, positioning the package as a bipartisan legislative response to housing affordability focused on expanding housing supply. The committee framed the legislation as addressing rising housing costs driven by insufficient supply and described it as cutting regulatory red tape, lowering costs, and expanding housing supply while generating no new spending. The package reflects bipartisan, bicameral work that passed the Senate Banking Committee unanimously (24-0) and incorporates almost all of the House’s housing provisions into a unified package; it also includes provisions described as a first step to rein in corporate landlords that are squeezing families out of homeownership. The publication of the updated text and section-by-section materials precedes an expected Senate vote on the legislation.
U.S. Senate Committee on Banking, Housing and Urban Affairs 2026-03-02
U.S. Senate Committee on Banking, Housing and Urban Affairs releases updated 21st Century ROAD to Housing Act text ahead of Senate consideration
The U.S. Senate Committee on Banking, Housing and Urban Affairs released updated bill text for the 21st Century ROAD to Housing Act, aimed at addressing housing affordability by expanding supply and cutting regulatory red tape. The bipartisan package, which passed the Senate Banking Committee unanimously, incorporates nearly all House provisions and includes measures to curb corporate landlords. The release precedes an anticipated Senate vote.