March 02, 2026

Scott, Warren Release 21st Century ROAD to Housing Act Legislative Package to Boost Housing Supply and Bring Down Costs

Package includes vast majority of Senate’s ROAD to Housing Act, vast majority of the housing provisions from the House’s 21st Century Housing Act, and a bill to rein in corporate landlords

Bill Text | Section-By-Section Analysis

Washington, D.C. – Today, Tim Scott (R-SC), and Elizabeth Warren (D-Mass.), Chair and Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, respectively, released the text of the 21st Century ROAD to Housing Act, a legislative package that includes the vast majority of the Scott-Warren ROAD to Housing Act, which received unanimous support from the Senate last fall, and the vast majority of the housing provisions from the 21st Century Housing Act, which passed the House with overwhelming bipartisan support. The 21st Century ROAD to Housing Act also includes a bill that would ban large institutional investors from buying up single-family homes.

If passed into law, the 21st Century ROAD to Housing Act would mark the largest legislative housing package in decades.

“The 21st Century ROAD to Housing Act will boost housing supply and bring down costs,” said Ranking Member Elizabeth Warren. “The package includes the vast majority of the Senate’s unanimously supported ROAD to Housing Act, incorporates bipartisan housing ideas from the House, and takes a good first step to rein in corporate landlords that are squeezing families out of homeownership. Congress should pass this package and continue working on further legislation to combat our nation’s housing crisis.”

“2026 is the year of affordability. This week, the Senate is set to vote on housing affordability legislation, the 21st Century ROAD to Housing Act, and my colleagues and I stand ready to deliver it to President Trump’s desk, fulfilling the promise he made to Americans at the State of the Union. Not only is this bill about cutting regulatory red tape, lowering costs, and expanding housing supply while generating no new spending, but it’s about making sure people like the single mom who raised me in North Charleston, South Carolina, have even greater access to economic opportunity and the American dream of homeownership,” said Chairman Tim Scott.

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