The 21st Century Road to Housing Act took effect without a presidential signature after President Donald Trump declined to sign or veto it while urging the Senate to act on the SAVE America Act.The law creates a $1B innovation fund, speeds environmental reviews, expands the federal definition of manufactured homes, backs mortgages under $100K and limits purchases by private equity and institutional buyers that own 350 or more homes in targeted markets.Senator
Elizabeth Warren and House Speaker
Mike Johnson praised the bill’s potential to increase supply, but experts warned that high construction costs, elevated mortgage rates and a roughly 4M-home shortfall mean affordability gains will arrive only gradually.