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Senate, House reach deal on housing bill, Senate to start votes Tuesday

The Senate will begin voting Tuesday on the 21st Century ROAD to Housing Act after a bipartisan agreement with the House. The bill includes investor restrictions and extends a CBDC ban but removes build-to-rent rules. Passage is expected this week, followed by House approval and the President’s signature. It marks one of the largest housing reform packages in decades.

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What changed

The bill text was finalized with bipartisan sponsorship, and procedural votes begin Tuesday—no major policy shifts since the earlier deal.

Live updates

  1. Senate Votes Tuesday on Housing Bill After Bipartisan Deal

    The Senate will begin voting Tuesday on the 21st Century ROAD to Housing Act after a bipartisan agreement with the House. The bill includes investor restrictions and extends a CBDC ban but removes build-to-rent rules. Passage is expected this week, followed by House approval and the President’s signature. It marks one of the largest housing reform packages in decades.

    What's confirmed:

    • The Senate will vote Tuesday on the 21st Century ROAD to Housing Act after reaching a bipartisan compromise with the House.
    • The bill includes provisions restricting housing investors and extends a ban on central bank digital currency (CBDC) use in housing transactions.
    • Controversial build-to-rent rules were removed from the final agreement.
    • Senators Scott, Warren, Hill, and Waters released the updated bill text for consideration.
    • The legislation is described as one of the largest housing reform packages in decades.

    Still unconfirmed:

    • The bill’s passage is expected this week, with House approval and the President’s signature to follow—though no formal timeline for those steps has been confirmed.
    confidence 92%
  2. Congress finalizes housing bill deal, Senate votes start Tuesday

    The House and Senate have agreed on a revised housing affordability bill, ending months of negotiations. The Senate will begin procedural votes Tuesday, with passage expected this week and House approval next. The bill includes investor restrictions and a CBDC ban extension but drops contentious build-to-rent rules. President’s signature is anticipated.

    What's confirmed:

    • The Senate voted 87-8 on Tuesday to proceed with a bipartisan housing bill after resolving House-Senate disagreements.
    • The final bill excludes controversial build-to-rent regulations that had drawn industry opposition.
    • Senate Majority Leader John Thune announced the chamber will begin procedural votes on the measure Tuesday.
    • The agreement includes a provision barring the Federal Reserve from issuing a central bank digital currency (CBDC) until 2030.
    • House and Senate leaders expect the Senate to pass the bill this week and the House next week, with presidential signature likely to follow.
    • Senators Wyden and Hoyle reintroduced a separate bill last month targeting housing affordability and homelessness, though its status remains unclear.

    Still unconfirmed:

    • Senate Democrats may use the bill’s passage as leverage in broader legislative fights, though this remains speculative.
    • The bill’s investor restrictions could face last-minute amendments, though no formal proposals have been introduced.
    • White House officials have signaled strong support but have not yet confirmed an exact signing timeline.
    confidence 93%