The 21st Century ROAD to Housing Act became law at midnight on July 11, 2026. This legislation represents the most substantial federal intervention in the housing market in nearly 50 years. The bipartisan bill passed with overwhelming support in Congress. It took effect without the President’s signature after a 10-day deadline expired.
The law aims to increase housing affordability by encouraging new construction and reducing regulations. A key provision prevents institutional investors owning 350 or more single-family houses from purchasing additional properties. This measure intends to help individual homebuyers compete against all-cash corporate offers.
The legislation also includes provisions to streamline zoning processes. It provides support for smaller-dollar mortgages. Additionally, the law increases FHA multifamily loan limits.