Summary
A bill aimed at tackling the U.S. housing affordability crisis was removed from important legislation by House Republicans, causing a delay in the biggest housing reform effort in over a decade. The bill, known as the ROAD to Housing Act of 2025, aimed to increase housing supply and affordability and had received strong support from both parties in the Senate. Now, there are plans to work on a standalone bill to address the issue in the future.
Key Facts
- The HOUSE Republicans removed a bipartisan housing bill from "must-pass" legislation.
- The bill aimed to boost the U.S. housing supply and make homes more affordable.
- High home prices, increased during and after the pandemic, have made owning a home unaffordable for many.
- President Donald Trump promised to improve housing affordability during his 2024 campaign, focusing on increasing housing inventory.
- The Senate passed the ROAD to Housing Act of 2025 with unanimous support as part of a defense spending bill.
- House Financial Services Committee Chairman French Hill wants to pursue a standalone bill for housing reform.
- Industry experts praised the bill for addressing the current housing crisis through construction and policy changes.