President Trump’s Delay Lets Road to Housing Act Take Effect

On July 11, 2026 the bipartisan 21st Century Road to Housing Act became law after President Trump let the mandatory 10‑day review period expire. The legislation passed with overwhelming majorities—House 358‑32 and Senate 85‑5—but Trump cancelled a scheduled signing ceremony on June 24, using the delay to pressure Congress to advance the SAVE Act, a voting‑ ID proposal that would require documentary proof of U.S. citizenship.

The Road to Housing Act aims to increase housing supply and lower costs. It retains restrictions on large institutional investors, defining them as entities controlling 350 or more single‑family homes, and bars such investors from acquiring additional homes after Jan. 7, 2027, except for certain build‑to‑rent projects. The final version omits an earlier divestment provision, reopening the path for build‑to‑rent development while limiting further concentration of single‑family rentals.

The law is expected to shape the U.S. housing market and affect investment strategies for large funds and corporations, while the contested SAVE Act remains a separate political battle.