Summary#
This resolution would have the House accept a Senate amendment that replaces H.R. 6644 with a new, wide-ranging act called the "21st Century ROAD to Housing Act." The act directs federal agencies (mainly HUD, USDA, and VA) to create guidelines, pilot programs, grants, and regulatory changes to increase housing supply, speed approvals, support manufactured and modular housing, fund whole-home repairs, and improve program oversight and accountability. It also includes measures on mortgages and lending (small-dollar mortgage pilots, appraisal and originator rules), rural housing reforms, homelessness program waivers, protections and benefits for veterans, and limits on large institutional investors buying single-family homes. The bill creates many new pilot programs, guidance tasks, reporting requirements, and some specific funding authorizations and limits. It also includes a temporary prohibition on the Federal Reserve issuing a central bank digital currency through 2030, and a severability clause.
What it means for you#
- If you are a renter or public housing resident: the bill funds pilots for temperature sensors in assisted units, may expand repairs and preservation programs, and creates an escrow savings pilot for some families in HUD rental assistance programs.
- If you are a homeowner or landlord: the bill creates a whole-home repairs pilot that can give grants to low-income owners and forgivable loans to small landlords with conditions on rents and tenant protections.
- If you are seeking a mortgage: HUD may run small-dollar mortgage pilots and the bill directs studies and changes on appraisal rules and loan originator compensation that could affect how small mortgages are made and appraised.
- If you live in an area targeted for new housing: the bill directs HUD to publish zoning guideline best practices, offer grants for planning and implementation, and fund programs to speed approvals and use prereviewed designs.
- If you are a manufactured or modular housing producer or buyer: the bill updates standards to allow manufactured homes without a permanent chassis and directs HUD to study and lower barriers to modular construction.
- If you are an investor or institutional owner of single-family homes: the bill restricts new purchases by large institutional investors, with detailed exceptions and reporting requirements.
Expenses#
The act authorizes many grant programs and pilot projects, some with stated amounts and time limits. Examples in the text include:
- An Innovation Fund with an authorization of $200,000,000 each year for fiscal years 2027 through 2031 (adjusted for inflation);
- RESIDE pilot grants that would be between $1,000,000 and $10,000,000 per covered grant in fiscal years with at least $100,000,000 available;
- The bill sets limits, sunsets, and administrative caps for various pilots and grants (for example, several pilots have 3- to 7-year termination dates and administrative cost limits such as 5–10 percent in some programs).
No single total cost estimate or full appropriation total is provided in the text. No publicly available information on the overall fiscal impact or full cost estimates is included in the bill text provided.
Proponents' View#
No publicly available information.
Opponents' View#
No publicly available information.