The US House of Representatives has passed legislation that would effectively lock large institutional investors out of the single-family housing market. The bill also smuggles in a provision that crypto watchers will find far more interesting: a moratorium on any Federal Reserve central bank digital currency until the end of 2030.
The 21st Century ROAD to Housing Act, formally known as H.R. 6644, already cleared the Senate on March 12, 2026. It now heads to the president’s desk, where its fate will determine whether Wall Street’s appetite for suburban real estate gets a very expensive leash.
What the bill actually does
The core mechanic is straightforward. Large institutional investors would be prohibited from purchasing most single-family homes, effective 180 days after the bill is signed into law.
In English: the giant funds that have been scooping up houses across the country and converting them into rental portfolios would need to find something else to buy.
