Senate Passes Road to Housing Act as Part of Defense Authorization Bill

Landmark Housing Legislation Advanced Through Bipartisan Defense Package

Last night, the Senate passed the Road to Housing Act as part of the annual Defense Authorization Bill. This strategic move continues a streak of positive developments for housing legislation. It is also another acknowledgment by Congress of the housing crisis we have been working to address. 

The Road to Housing Act was crafted to expand access to affordable housing, streamline regulatory barriers, and provide enhanced federal assistance for low- and middle-income families. Lawmakers had been debating several pieces of legislation, and under the leadership of Banking Chairman Tim Scott (R-SC) and Ranking Member Elizabeth Warren (D-MA), the final bill was approved by the Banking Committee by an unprecedented 24-0 vote a few months ago.