Overview
- The Senate voted 84-6 to proceed to debate, signaling strong interest in advancing a housing package this week.
- The bill merges elements of the Senate’s ROAD to Housing Act with the House’s Housing for the 21st Century Act and is now titled the 21st Century ROAD to Housing Act.
- The new text would bar large institutional buyers from purchasing additional single‑family homes, defining them at a 350‑home threshold after earlier White House drafts proposed about 100.
- Republicans are split on the investor curb, with critics like Sen. Thom Tillis questioning its focus while backers including Sen. Bernie Moreno and Chairman Tim Scott hail the broader affordability push.
- The package streamlines permitting and other regulations, updates financing and housing programs, and reflects ongoing negotiations and potential amendments before reconciliation with the House, which earlier passed its version 390-9.