New Senate Housing Bill Targets Affordability, Oversight, and Supply: What You to Need to Know.

The Senate’s ROAD to Housing Act of 2025, which stands for Renewing Opportunity in the American Dream, is a wide-ranging bipartisan initiative designed to expand the housing supply and tackle the affordable housing crisis. The bill advanced on Thursday.

Senator Tim Scott, R-S.C., who chairs the Senate Committee on Banking, Housing and Urban Affairs, and Senator Elizabeth Warren, D-Mass., the committee’s ranking member, announced a “historic legislative markup” of the bill. The committee discussed the package during a live-streamed executive session on Tuesday, July 29, at 10 a.m.

This package aims to take significant steps to increase the nation’s housing supply, enhance housing affordability, and improve oversight and efficiency within federal regulators and housing programs. Scott and Warren emphasized that this marks the committee’s first bipartisan housing markup in over a decade.

The legislation is described as a comprehensive proposal, with four primary areas of focus:

• • Expand and Preserve Housing Supply:
    
    • • Remove regulatory barriers to housing development
    • • Increase and preserve existing housing
    • • Promote innovative construction methods, including expanding access to modular and manufactured housing
    • • Address neighborhood blight and support 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

The Senate Committee on Banking, Housing, and Urban Affairs’ website provides a detailed breakdown of the bill.

Update: August 11, 2025 

The ROAD to Housing Act of 2025 was Introduced to the Senate.