Senate Banking Committee advances bipartisan 'Road to Housing' package in 24-0 vote

Senator Tim Scott, chair of the Senate Committee on Banking, Housing, and Urban Affairs, said the committee advanced the Renewing Opportunity in the American Dream to Housing Act of 2025 — commonly called the Road to Housing Act — in a 24-0 vote.

"Housing prices are too high, the supply, too low, and regulations, too much," Scott said, arguing the legislation is a bipartisan response to affordability and supply concerns. The interview noted the bill is cosponsored by Sen. Elizabeth Warren and Scott.

Scott described the bill’s central approach as using federal funds to influence local decisions on zoning and building codes. "Most of the problems that we see in housing, they are local issues," he said, and added, "If you do what we want, you get more money. If you don't, you lose money." He framed the measure as aimed at expanding and preserving supply, improving affordability, increasing accountability and strengthening oversight.

Interviewer Cheryl noted she liked the bill's focus on the existing housing supply. Scott said he had discussed the legislative proposals with HUD Secretary Scott Turner and that the committee seeks to be "very responsible financially at HUD" while encouraging more homeownership.

The committee vote to advance the package was referenced in the interview as 24-0; details on the motion text, individual roll-call names, and the committee that carried the motion beyond that tally were not provided in the interview.

The bill remains on a committee-led path toward further consideration; Scott said he expects continued work in committee and public discussion as the measure moves forward.