The U.S. Senate Committee on Banking, Housing and Urban Affairs published a compilation of endorsements for the bipartisan 21st Century ROAD to Housing Act introduced by Chairman Tim Scott and Ranking Member Elizabeth Warren. The release frames the package as a major housing reform effort aimed at expanding housing supply, reducing regulatory barriers, and lowering housing costs. Stakeholder statements highlighted provisions to modernize and strengthen federal housing programs, streamline federal reviews and regulatory pathways for housing projects, and provide state and local governments additional tools to address development constraints, including in rural communities. Several groups also pointed to specific elements such as permanent authorization of the Department of Housing and Urban Development’s Community Development Block Grant-Disaster Recovery program, increased veterans’ access to federal housing programs, and language described as explicitly prohibiting the Federal Reserve from issuing or creating a central bank digital currency. Multiple supporters urged the Senate to advance the legislation and Congress to enact the package.
U.S. Senate Committee on Banking, Housing and Urban Affairs 2026-03-10
U.S. Senate Committee on Banking, Housing and Urban Affairs highlights broad stakeholder backing for Scott and Warren’s 21st Century ROAD to Housing Act
The U.S. Senate Committee on Banking, Housing and Urban Affairs endorsed the bipartisan 21st Century ROAD to Housing Act, introduced by Chairman Tim Scott and Ranking Member Elizabeth Warren. The act aims to expand housing supply, reduce regulatory barriers, and lower costs, with provisions to modernize federal housing programs and streamline regulatory pathways. Key elements include permanent authorization of the Community Development Block Grant-Disaster Recovery program, increased veterans' access to housing programs, and prohibiting the Federal Reserve from creating a central bank digital currency.