MBA Applauds Senate Passage of Amended 21st Century ROAD to Housing Act

WASHINGTON, D.C. (June 22, 2026) — MBA's President and CEO Bob Broeksmit, CMB, released the following statement after the Senate passed its latest amended version of the 21st Century ROAD to Housing Act:

“MBA applauds Senate Banking Committee Chair Tim Scott, Ranking Member Elizabeth Warren, House Financial Services Committee Chair French Hill, Ranking Member Maxine Waters, the Trump administration, and the bipartisan group of lawmakers whose commitment to finding common ground and advancing practical solutions led to a bicameral agreement and Senate passage of this consequential housing package.

“The legislation preserves many of the hard-fought policy priorities that MBA has advocated for throughout this debate and will increase HUD’s multifamily loan limits for the first time since 2003, reduce barriers to development and increase housing supply, modernize federal housing programs, and expand access to affordable mortgage credit.

“We welcome the House leadership’s plans to consider the bill this week and urge swift passage so it can be sent to President Trump for signature as soon as possible. Enactment of these reforms would expand housing opportunities, lower costs, help more Americans achieve and sustain homeownership, and support a healthier, more affordable rental housing market for families across the country.”