**Senate Passes ROAD to Housing Act of 2025, Aimed at Boosting Supply and Affordability**
Lawmakers and housing industry leaders are celebrating the U.S. Senate’s passage of the Renewing Opportunity in the American Dream (ROAD) to Housing Act of 2025. The bipartisan bill, which passed on Thursday, now awaits consideration in the House of Representatives following the conclusion of the current government shutdown.
“This landmark legislation – the first of its kind in more than a decade – takes important steps to boost the nation’s housing supply, improve housing affordability and increase oversight and efficiency of federal regulators and housing programs,” said Senator Elizabeth Warren (D-MA), who co-sponsored the bill alongside Senate Banking Committee Chair Tim Scott (R-SC). “I look forward to working with my colleagues in the House to get the bill to the President’s desk.”
Bob Broeksmit, president and CEO of the Mortgage Bankers Association, praised the Senate’s move, calling it “a win for housing affordability and consumers.”
“Many of the provisions within the bipartisan measure are aimed to take meaningful steps to boost housing supply, cut red tape in federal program offerings and expand access to affordable mortgage credit for families nationwide,” Broeksmit added.
The ROAD to Housing Act of 2025 is expected to play a crucial role in addressing the country’s ongoing housing challenges by streamlining regulatory processes and increasing access to affordable housing options.
