The Senate Banking, Housing, and Urban Affairs Committee voted unanimously on 29 July to advance the Renewing Opportunity in the American Dream to Housing (ROAD) Act of 2025, marking the panel’s first bipartisan housing package to clear a markup in more than a decade. The bill is co-authored by Chairman Tim Scott and Ranking Member Elizabeth Warren and drew support from every member of the committee. The wide-ranging legislation seeks to expand the nation’s housing supply, lower costs for renters and buyers, and strengthen oversight of federal housing programmes. It folds in elements of at least 27 previously introduced bipartisan bills, including measures to streamline local zoning and environmental reviews, promote transit-oriented development, modernise manufactured-housing standards, back small-dollar mortgages and refurbish vacant or disaster-damaged properties. It also would permanently authorise the Community Development Block Grant–Disaster Recovery programme and create a $200 million annual innovation fund for communities that adopt pro-housing policies. Industry organisations such as the National Association of Realtors, National Association of Home Builders and Mortgage Bankers Association have endorsed the package, calling it the most comprehensive federal response to the housing shortage since the Great Recession. The unanimous committee vote sends the ROAD Act to the full Senate, while House leaders are expected to consider companion legislation in the autumn. The push comes as the median U.S. home price reached a record $412,500 in 2024, intensifying pressure on lawmakers to address affordability.