Congress Poised to Pass Landmark Housing Bill After Rare Bipartisan Deal

Washington D.C., Sunday, 21 June 2026.
In a rare display of bipartisanship, Congress is set to pass the 21st Century ROAD to Housing Act, a sweeping 381-page bill aiming to tackle the U.S. housing crisis. The legislation, backed by an 84-8 Senate cloture vote, introduces groundbreaking limits on corporate homebuying—capping single-family home purchases at 350 per investor—while streamlining zoning laws and boosting affordable housing construction. With a shortage of 4.7 million homes nationwide, this marks the first major housing reform in decades, blending deregulation with new protections for communities. Economists warn: if signed into law, it could reshape mortgage markets and local economies overnight.