Key Facts

• President Trump called on Congress to pass the 21st Century ROAD to Housing Act to improve housing affordability.
• The bill passed the Senate with nearly 90 votes but is stalled in the House of Representatives.
• One key part of the bill restricts large institutional investors who own many single-family rental homes from buying more properties.
• These investors would also have to sell new homes to individual buyers after seven years or pay fines.
• The bill aims to speed up homebuilding by removing regulatory barriers and simplifying environmental reviews.
• President Trump issued an executive order in January banning large investors from buying single-family homes while the legislation is pending.
• Vice President JD Vance supports the bill and has urged the House to pass it.
• Some housing experts say large investors play a small role in the housing crisis and argue the solution requires more complex reforms.