Johnson sends bipartisan housing affordability bill to Trump Monday

House Speaker Mike Johnson said Sunday he would send Congress’s bipartisan housing affordability bill to President Donald Trump on Monday, putting the measure back on a fast track after it was briefly tangled in a fight over voting rules.

The 21st Century ROAD to Housing Act passed the Senate 85-5 on June 22 and cleared the House 358-32 on June 23, giving Washington one of the largest federal housing packages in decades and the most sweeping housing legislation in more than 30 years. Johnson said on Fox News’ Sunday Morning Futures that the bill would become law, a sign that Republican leaders were trying to separate housing policy from the broader clash over Trump’s push for the SAVE America Act.

The bill is designed to improve affordability in ways that could matter most to buyers and would-be buyers over time rather than overnight. It boosts housing supply, reduces red tape, supports manufactured housing and revises federal housing programs, including by expanding financing for affordable housing and providing grants for planning and community development. It also sets limits affecting large institutional investors that already own 350 or more homes, a response to complaints that cash-rich buyers and private equity have crowded out first-time purchasers in parts of the market.

That mix points to a policy aimed at bottlenecks Washington can influence directly: financing, permitting, and federal housing programs. It does not promise immediate relief from high home prices or elevated borrowing costs, but it is built to push more units into the pipeline and make it easier to build and finance them. For younger buyers and renters, any effect would likely come gradually as supply increases and federal rules shift.

The measure moved through Congress with unusually broad backing after House Financial Services Committee and Senate Banking, Housing, and Urban Affairs Committee leaders from both parties released updated bicameral text on June 16. French Hill, Maxine Waters, Tim Scott and Elizabeth Warren all backed the compromise as a breakthrough, and the final bill incorporated provisions from more than 60 pieces of legislation introduced in the House, the Senate or both chambers.

Trump had previously canceled a planned signing ceremony and said he would not sign the housing bill until Congress passed the SAVE America Act, creating a last-minute standoff over two unrelated priorities. Johnson’s decision to send the housing package Monday suggests the White House is now prepared to move ahead on the affordability bill first, even as the fight over voting legislation remains unsettled.