'Better Than Sex' — Senate Passes Sweeping Pro-Homeowner Bill in Win for Trump

Home Sweet Home. (Credit: Julian Hochgesang)

The Senate passed the 21st Century ROAD to Housing Act Monday, a broad effort to lower the cost of homeownership and level the playing field by limiting the impact of institutional investors in the residential real estate market. The Trump-backed plan, which won in a bipartisan vote of 85-5, now heads to the House of Representatives.

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As housing costs explode across the nation, the bill aims to prevent America from becoming a “nation of renters.”

Loaded with nearly 60 different provisions, the package broadly tackles rolling back some permitting regulations, launches several pilot grant programs to build, repair and push affordable housing construction, and blocks investors from buying up housing stock — a key provision pushed by Trump.

It’s rare to see Trump side with the far-left Massachusetts Sen. Elizabeth Warren, but in this case, they’re on the same side:

Sen. Elizabeth Warren, D-Mass., one of the architects of the package, said the legislation was "not the federal government big footing local government," but instead the federal government laying out tweaks to current programs and policies that "over time will make housing more affordable."

"This is a housing package that will help increase supply and bring down costs," Warren said. "One way is by beating back private equity, so they won't invade your neighborhood, buy up all the houses, and turn America into a nation of renters."

Sen. Katie Britt (R-AL) presided over the vote:

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Last night, I presided over the Senate as we passed the bipartisan 21st Century ROAD to Housing Act.

This landmark legislation includes my Helping More Families Save Act which will expand participation in the @HUDgov Family Self Sufficiency Program.

Proud to see this bill to help move families off of government assistance and toward economic independence head to the House and then the President’s desk.

Sen. John Kennedy (R-LA) supports the measure:


RELATED: Making Homeownership Great Again: Trump Has Bold Idea to Make American Dream Affordable

Trump Scores Big New Win: House Approves Revised Housing Bill


There are a number of provisions in the bill designed to fire up the homebuilding engine:

The package also tries to turbocharge housing stock by tying federal grants and incentives sought by local governments to housing construction. And there are tweaks to mortgages, with a push for small-dollar mortgages at $100,000 and updates to lending standards for manufactured homes.

Sen. Bernie Moreno, R-Ohio, whose provision to establish pre-approved housing designs to speed up home construction made it into the package, said the legislation "sends a signal to state and local communities, to say, ‘Hey, guys, you really have to drive down the cost of housing, and you do that by not torturing homebuilders.’"

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Although the bill garnered wide bipartisan support, some lawmakers like Rep. Chip Roy (TX-21) consider it a pork-laden socialist measure. “The Housing bill is full of big government garbage & spending,” he wrote on X on Monday.

The most significant part of the bill, in my view, however, is the provisions that restrain large private equity firms from buying up family homes and driving up rents. Many economists believe this trend is a driving factor in killing the American dream of homeownership.

All I know is that it pains me to see so many young people, including my own kids as they enter adulthood, seeing no path to homeownership any time soon because starter homes in many cities start at a million bucks — nearly triple the number from 2020. Homeownership is one of the keys to building healthy communities and families, and yet for all too many, it remains but a dream. Time will tell whether this bill can help bring it back to reality.

The measure is expected to pass the House and soon head to the president’s desk. 

Editor’s Note: Thanks to President Trump’s leadership and bold policies, America’s economy is back on track.

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