Bipartisan Housing Act Signed Into Law, Largest in 36 Years

On July 11, Congress approved the 21st Century ROAD to Housing Act, marking the most significant federal housing legislation in 36 years, following the National Affordable Housing Act of 1990. This act limits single-family home purchases by institutional investors, enhances the Community Development Block Grant and HOME programs, and incorporates the Rural Housing Service Reform Act. It eliminates the chassis requirement for manufactured homes, resulting in savings of up to $10,000 per unit. The American Institute of Architects advocated for this bill since its proposal in 2025, with AIA 2026 president Illya Azaroff expressing support. The Senate passed a veto-proof version 85-5 on June 22, and the House followed with a 358-32 vote on June 23. The National Housing Law Project praised the legislation but called for additional tenant protections.