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Senate Passes Housing Act; House Opposes Amid Controversy

3/14/2026

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Summary

Story summary

The Senate passed the 21st Century ROAD to Housing Act on March 12, 2026, with an 89-10 vote.
The bill would bar institutional investors from buying single-family homes.
It would speed housing construction through regulatory changes.
Despite Senate success, the House opposes the measure, with conservatives calling it socialist.
U.S. President Donald Trump has not committed to backing the bill.

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Story summary

The Senate passed the 21st Century ROAD to Housing Act on March 12, 2026, with an 89-10 vote.
The bill would bar institutional investors from buying single-family homes.
It would speed housing construction through regulatory changes.
Despite Senate success, the House opposes the measure, with conservatives calling it socialist.
U.S. President Donald Trump has not committed to backing the bill.