Full Breakdown
Trump Urges House to Pass Senate Housing Bill
5/14/2026, 9:07:50 AM
Senate Approval and Core Provisions
The Senate passed 21st Century ROAD to Housing Act in March 89-10, with support from Senators Tim Scott, Bernie Moreno and Democrat Elizabeth Warren. The bill offers tax incentives for new construction, grants for home upgrades, a program to convert vacant buildings, CBDC ban until 2030, and a requirement that institutional investors sell build-to-rent single-family homes within seven years, capping Wall Street’s share.
Political Stakes and Election Context
Republicans cite bill 2026 midterms. Donald Trump posted on Truth Social that “homes are for people, not Corporations.” John Thune and Tim Scott urged House leaders to act, calling a “win” for affordability.
Official Statements & Responses
Trump said bill “has passed Senate with 90 votes” and urged passage. Thune told involvement needed. Scott urged “get this done.” Committee Republican Dan Schneider said committee is “committed to advancing a bicameral bill.” Vice President JD Vance wrote “the American Dream doesn’t belong to the highest bidder on Wall Street” praising Trump. NHC President David M. Dworkin called legislation “first major housing-supply reform bill in decades” and cited “affordability challenges” for millions.
House Opposition
Hard-line conservatives oppose the CBDC ban, demanding a prohibition, and reject the seven-year forced-sale rule, which Rep. Richard McCormick called “unconstitutional.” Rep. Eric Burlison argues market-based solutions, not regulation, are needed. Rep. Anna Paulina Luna pledged a “no” vote on procedural rule, citing frustration with Thune’s inaction on voter-ID legislation.
Industry Impact
Kinloch Homes CEO Bruce McNeilage said the proposal “has driven the market to paralysis,” halting financing. Southern Impression Homes CEO Chris Funk warned that “so many unanswered questions and ambiguous directives” make implementation unclear. A NAHB report estimates forced-sale provision could jeopardize up to 40,000 build-to-rent units annually.
Conflicting Reports & Gaps
Sources differ on whether the CBDC restriction should be temporary or permanent, and no timeline exists for reconciling forced-sale clause. Negotiations between Committee Chair French Hill and Ranking Member Maxine Waters remain stalled, leaving bill’s fate “in limbo” with no projected date for a compromise.
Verbatim Quotes
- “Senators Bernie Moreno and Tim Scott have worked to ensure my call becomes a reality, and have a Bill which has passed the Senate with nearly 90 votes.” — Donald Trump, President of the United States
- “That has driven the market to basically paralysis,” — Bruce McNeilage, CEO, Kinloch Homes
- “Like it doesn’t matter where you are on the political spectrum. You never want to have the government be able to just shut off your access to financials, et cetera.” — Anna Paulina Luna, Representative (R-FL)
- “There's so many unanswered questions and ambiguous directives within that original bill that it just makes it very hard for us to understand how they could actually implement it,” — Chris Funk, CEO, Southern Impression Homes
Outlook
House leaders continue to negotiate a compromise on the CBDC ban and forced-sale provision. Without a vote, the bill cannot advance, and its passage remains uncertain as the 2026 midterm calendar approaches.
