Despite President Trump’s refusal to sign the 21st Century Road to Housing Act, the bill became law on July 10, 2026. While the purpose of the bill – 45 provisions – is to ignite more home construction and cut red tape, analysts believe it could take years to see a significant increase in production and even longer to improve affordability. The legislation also increases constraints to institutional investors in the housing market.
A key component is linking community development blocks grants to local housing, which will let the federal government more directly affect housing at the state and local level.