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[POLITICS] · United States · 2 sources

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Road to Housing Act becomes law despite Trump delay

The bipartisan 21st Century ROAD to Housing Act, the first major housing bill passed by Congress since the 1990s, automatically became law at 12:01 a.m. on July 11 after President Donald Trump declined to sign it on two occasions. The legislation contains more than 50 provisions aimed at expanding housing supply, easing financing, and improving affordability, including reforms to land‑use and zoning rules and a pilot program for home‑repair grants.

Key measures limit private‑equity firms from buying and operating single‑family homes as rentals, seek to lower manufactured‑home costs, and streamline environmental reviews. While supporters hail the bill as a milestone, housing scholars warn it does not address the core issue of insufficient renter and homeowner incomes, and its impact will depend on state and local implementation.

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Bill Owens · Donald Trump · Road to Housing Act · U.S. Congress · private‑equity investors