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The United States Senate votes 85–5 to pass the 21st Century ROAD to Housing Act, a bill aimed at lowering the cost-of-living of houses and supporting affordable housing in the cou

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Senate Minority Leader Chuck Schumer said the bipartisan bill "shows Americans how we should govern," while noting that "the fact that Democrats and Republicans were able to come together on the ROAD to Housing, at a time of such division, shows just how dire America's housing crisis is today.

“This bill is the result of years of work to lower costs, expand housing supply, cut red tape, protect taxpayers, and help more Americans achieve the dream of home ownership,” said Tim Scott, the Republican chairman of the Senate banking committee, who played a major role in seeing the bill through.

When the Senate advanced the bill last week, Senate Majority Leader John Thune touted the legislation as "a significant bill to make life more affordable for hardworking Americans," while adding that "it's just the latest item on Republicans' agenda to address the cost of living.

His Democratic counterpart, Elizabeth Warren, said: “The historic 21st Century Road to Housing Act will address our nation’s housing crisis by boosting housing supply, bringing down costs, and for the first time ever stopping private equity from buying up homes.

"This bill is a meaningful step toward increasing housing supply, improving affordability, and helping more Americans achieve homeownership," Hill said. "I look forward to getting this bill through Congress in short order, sending it to the president's desk and delivering another major win for the American people," the South Dakota Republican said.

Then last week, the Senate Banking and House Financial Services committees announced a bicameral agreement on the long-sought legislation. "Now it is time to move forward, get this bill across the finish line, and deliver real relief for the American people," Scott said.

"There is so much in this bill," Warren said. I won’t stop and I call on my colleagues in both chambers not to stop either,” she said.

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