The 21st Century Road to Housing Act became law on July 10 after President Donald Trump declined to sign it, following a 10‑day period that began when House Speaker Mike Johnson transmitted the bill on June 29. Congress approved the measure with large majorities after months of bipartisan negotiation, marking the largest change to federal housing policy for buyers, renters and homebuilders in decades. The legislation includes provisions intended to increase housing supply and to limit private equity purchases of homes. Trump said he would not sign the bill because of the Save America Act, which would impose new voting restrictions; that bill passed the House in February but has not cleared the Senate. In a post on Truth Social on Friday morning, Trump stated he would not sign the housing bill in protest over the Senate’s failure to pass the Save America Act. The White House declined to comment. Senate Majority Leader Chuck Schumer said the president’s priorities appeared to be higher costs for families and greater personal power. House Minority Leader Hakeem Jeffries wrote on X that Republicans prefer making voting more difficult rather than easing housing costs. Earlier, Trump cancelled a scheduled signing ceremony and called the measure “a big yawn” and “so unimportant” compared with the Save America Act. On Thursday, Trump removed the three remaining commissioners from the U.S. Election Assistance Commission, an independent federal body that assists election administration nationwide. The law now takes effect without the president’s signature, and its impact on housing affordability and private equity activity remains to be observed.