A federal program to spur affordable housing via private funding
Congress has passed the 21st Century ROAD to Housing Act with overwhelming bipartisan majorities to speed construction, restrict corporate buyers and ease federal rules. President Donald Trump has cancelled a planned signing and said he will not sign until Congress passes voter ID and other measures in his proposed SAVE America Act, leaving the legislation’s enactment uncertain.
The United States faces a stark mismatch: roughly 4 million affordable rental homes exist for about 11 million extremely low-income renter households, yet vacancies are rising as rents approach market levels. The tax-credit program that funds much of this housing is criticized for complexity and insufficient targeting, while vouchers remain scarce.