The U.S. Senate has passed the updated 21st Century ROAD to Housing Act in an 86-5 vote, advancing bipartisan legislation aimed at addressing housing affordability and modernizing federal housing programs.
The National Housing Conference applauded the bill’s passage, calling it evidence that Congress can act when housing needs are urgent and a broad coalition is in place. The legislation includes provisions designed to increase housing supply, improve federal housing programs, modernize regulations, strengthen disaster recovery tools, support community development, expand housing counseling and financial literacy efforts, and improve access to homeownership and rental housing.
David M. Dworkin, president and CEO of NHC, says the bill does more than invest federal funds into housing by improving, modernizing and streamlining programs so existing resources can go further. The package reflects months of negotiations and combines housing provisions developed by Republica