Senate Banking Committee Approves Bipartisan ROAD to Housing Act

News

July 31, 2025

NARPM has long championed the need for stronger, more effective housing policy. These efforts—alongside those of many other stakeholders—are beginning to yield results. This past week, the Senate Banking Committee unanimously approved the bipartisan ROAD to Housing Act, a comprehensive legislative package aimed at addressing critical housing challenges across the country.

The bill, assembled by Chair Tim Scott (R-SC) and Ranking Member Elizabeth Warren (D-MA), consolidates several bipartisan housing proposals. NARPM has expressed support for multiple provisions within the legislation and has urged the Committee to go even further—specifically by eliminating the CARES Act’s 30-day Notice-to-Vacate requirement and expanding reforms to the Housing Choice Voucher Program. The following is an outline of the bill. Detailed information follows below.

  • Expand and Preserve Housing Supply:
    • Remove regulatory barriers to housing development
    • Increase and preserve existing housing
    • Promote innovative construction methods, including to expand access to modular and manufactured housing
    • Addresses neighborhood blight and supports communities recovering from natural disasters
  • Improve Housing Affordability and Access:
    • Expand access to homeownership
    • Improve housing affordability
    • Promote housing opportunities for veterans
    • Reduce homelessness
    • Reduce appraisal shortages while addressing inaccurate appraisals
  • Advance Accountability and Fiscal Responsibility:
    • Ensure taxpayer dollars are used efficiently
    • Promote evidence-based policy solutions
  • Improve Oversight and Program Integrity:
    • Strengthen oversight of housing regulators
    • Streamline program coordination
    • Ensure performance, transparency, and accountability across housing programs

Detailed List of Provisions in the Bill

Bill Text

NARPM Comment Letter


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