| Bill Number | HR-6644 |
J (French) HillEmanuel CleaverMike FloodMaxine Waters
Housing bill bans digital currency
Housing bill becomes law despite Trump's refusal to sign it.
Summary
The bill is intended to lower housing costs while increasing the supply of homes.
It's a large bill made up of smaller sections, divided into titles that address various functions.
Title 2: Building More in America
Title 3: Manufactured Housing for America
Title 4: Accessing the American Dream
Title 5: Program Reform
Title 6: Veterans and Housing
Title 7: Oversight and Accountability
Title 8: Accountability, Coordination, Studies, and Reporting
Title 9: Strengthening Community Banks’ Role in Housing
Title 10: Home-Ownership for Main Street America
Title 11: Central Bank Digital Currency
Title 12: Miscellaneous
About the bill's name
ROAD is an acronym for Renewing Opportunity in the American Dream
Sect 208: Innovation Fund
Creates a $200 million annual competitive grant program for local governments and tribes that demonstrate measurable improvements to housing such as increases in housing supply,simpler permitting, adding housing density, and rezoning.
This Innovation Fund sunsets after seven years.
Sect 210: RESIDE (Revitalizing Empty Structures Into Desirable Environments) Act
Provides grants to help local governments to convert vacant commercial or industrial buildings into affordable housing.
Sect 213: Build Now Act
Ties some Community Development Block Grants (CDBG) to a locality's homebuilding rates.
Sect 304: PRICE (Preservation and ReInvestment for Community Enhancement) Act
Reauthorizes for 7 years a fund that helps pay to repair, preserve, and improve existing manufactured homes.
Sect 1001: Homes are for People, Not Corporations
Limits the number of single-family homes that institutional investors can buy to 350.
There are exemptions, including...
Institutions that currently own more than 350 homes would not be required to sell them.
It establishes a resource to help renters in homes owned by large institutional investors deal with landlord disputes.
Sect 1101 - Prohibiting Central Bank Digital Currency
The bill prohibits the Federal Reserve from creating Digital Currency.
This provision is similar to the 2025 Anti-CBDC Surveillance State Act, a standalone bill which passed the House of Representative in July 2025 but could not get enough votes in the Senate. It is unrelated to housing.
More information
For a description of all of the bill's provisions, see the Bipartisan Policy Center overview.
Click here for a detailed analysis of the bill by the Congressional Research Service.