21st Century ROAD to Housing Act (United States)
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| Long title | To increase the supply of housing in America, and for other purposes |
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| Enacted by | the 119th United States Congress |
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The 21st Century ROAD to Housing Act (the acronym ROAD stands for Renewing Opportunity in the American Dream) is a proposed United States federal law that would stop large institutional investors from purchasing single-family homes, increase the supply of housing, reduce construction costs, and modernize federal housing and community development programs. The bill passed the Senate on March 12, 2026, and is pending further action in the House of Representatives. It would be the first major federal housing law in three decades.[1]
This bill was created in response to the severe housing shortage and affordability crisis mainly driven by construction regulations and costs, and asset managers buying single-family homes. It follows Donald Trump's Executive Order 14376 to boost homeownership by barring large investors from turning residential homes into rental properties.[2]
84% of the provisions from the House version of the bill were still in the version passed by the Senate.[3] However, the Senate’s version introduced a provision to stop investors with more than 350 homes from purchasing more.[3] Build-to-rent is 7% of single-family-home construction.[3] The bill also deregulates manufactured homes and cut red tape around environmental reviews and offer grants for repairing homes.[3][4]