House Passes Transformational Housing Affordability Legislation to Help Restore American Dream for Working Families
Washington,
May 20, 2026
WASHINGTON — Speaker Johnson released the following statement after an overwhelming bipartisan majority in the House voted to pass H. Res. 1299, an amended version of the Senate-passed 21st Century ROAD to Housing Act. “The 21st Century ROAD to Housing Act is transformational legislation that will immediately address the housing affordability problem and bring the American Dream back within reach for millions of young and working American families. This bill delivers on our promise to reduce restrictive regulations, increase the housing supply, limit institutional investing in the housing market, and drive down the price of homes nationwide. “Chairman Hill, Ranking Member Waters, and the entire House Financial Services Committee did exceptional work to achieve a bipartisan product that delivers the housing policy President Trump has called for and that voters demand. We are grateful that a strong, bipartisan majority of the House voted to pass this legislation today, and we urge the Senate to swiftly do the same.” ### |