Congress’s 21st Century Road to Housing Act became law early Saturday after the president declined to sign it and did not veto it, allowing the measure to take effect automatically after 10 days at 12:01 a.m. Eastern. Supporters held an event in Maumelle, Arkansas, where lawmakers and local developers praised the measure’s bid to expand housing supply.
The bill, described by reporters at the scene as a major bipartisan housing reform, aims to make housing more affordable by removing regulatory barriers to new construction, placing limits on institutional investors buying single-family homes, backing housing opportunities for veterans and providing support to local governments to create affordable housing. At the Maumelle event, Representative French Hill and House member Mike Flood of Nebraska joined local bankers and home developers to mark the law’s enactment; the event was livestreamed on THV 11’s YouTube page.
Reporters noted that President Trump posted on Truth Social that he would not sign the bill in protest over the Senate’s refusal to act on a separate, election-related measure. Because the president chose not to veto, the bill became law without his signature after the statutory 10-day period elapsed.
Speakers at the Maumelle gathering characterized the bill as a practical response to rising housing costs and stressed bipartisan cooperation in Congress. The report cited an increase in the average age of first-time homeowners — from 33 five years ago to about 40 today — as context for the legislation’s goals. Local supporters at the event included bankers and home builders who praised the law’s intent to spur housing creation.
The broadcast noted that the measure covers multiple policy areas—housing supply, investor restrictions, veterans’ housing and local government assistance—but did not provide details on implementation timelines or specific program funding levels. Those details were not specified in the segment. The event’s livestream remains available for viewers seeking the full remarks.