Central News Agency (Washington, June 23, CNA Comprehensive Foreign News) The U.S. House of Representatives today, following the Senate, passed the "21st Century ROAD to Housing Act." As the cost of living increasingly pressures lawmakers, this comprehensive housing affordability bill brings a rare bipartisan achievement in Congress for President Trump. According to Agence France-Presse, soaring rents, high mortgage costs, and housing shortages have become major political concerns. The "21st Century ROAD to Housing Act" aims to increase housing supply, relax building regulations, and expand opportunities for people to buy homes. The Senate passed the bill yesterday with a vote of 85 in favor to 5 against, and the House of Representatives passed it today, reflecting a broad consensus between Republicans and Democrats on addressing one of the financial struggles of households before the midterm elections. Trump has expressed his support for this legislation and is expected to sign it into law. The bill will streamline regulatory processes, provide support for local governments seeking to build more housing, and expand the use of prefabricated and modular homes. The bill will also limit large corporate investors who already own at least 350 properties from purchasing single-family homes. Lawmakers emphasize that this provision is an unprecedented attempt to curb Wall Street's role in the housing market. Other provisions include assisting communities in converting vacant buildings into residences, modernizing zoning rules, and providing subsidies and loans for the renovation of old houses. Senator Tim Scott, Chairman of the Senate Banking Committee, and Senator Elizabeth Warren, the ranking Democrat on the committee, stated after the Senate passed the bill that it reflects years of joint efforts by the White House and both houses of Congress. They said in a joint statement, "Today's bipartisan vote is an important step towards addressing America's housing affordability