Flock Homes Lauds Passage of 21st Century ROAD to Housing Act

WASHINGTON, DC – Today, Flock Homes, the nation's leading housing Partnership for retiring landlords, applauded Congress’ 21st Century ROAD to Housing Act becoming law, marking the most significant bipartisan housing legislation in a generation.

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The legislation is expected to remove barriers to new home construction, expand community bank lending for mortgages, and modernize housing programs that have gone untouched for decades. Flock Homes commends lawmakers on both sides of the aisle for a genuinely bipartisan achievement, and thanks Senate Banking Committee Chairman Tim Scott (R-SC) and House Financial Services Committee Chairman French Hill (R-AR) in particular for their leadership in crafting a law that keeps housing focused on working families seeking their first home and the everyday Americans who have built their retirements by providing quality housing to their communities.

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"Washington rarely gets housing right, and it almost never gets it done together," said Ari Rubin, Founder and CEO of Flock Homes. "This law is proof that when both parties stay focused on the working families who need stable homes, and the everyday Americans who've built their retirement in real estate – they can find common ground. We're proud to have worked alongside members of Congress to help shape a law that protects both. That balance is exactly what President Trump has called for in the past, and it's what this law delivers."

The ROAD to Housing Act also includes provisions protecting consumers, aging Americans, military families, and residents with housing assistance vouchers. Critically, the legislation grants the Treasury Department broad authority to issue rules that clarify how its provisions apply to specific housing models and partnerships.

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Continued Rubin, "We are confident – based on the clear statements of lawmakers in both chambers – that the intent of this legislation is to protect American homeowners at every level and of every stripe, including and especially the retirements of mom-and-pop landlords who provide quality housing to working families. We look forward to working with Treasury to ensure the rules reflect that intent."

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During House floor consideration, Financial Services Committee Chairman French Hill (R-AR) stated several points clearly for the Treasury Department to weigh as it evaluates congressional intent in implementing the Act's investor provisions. 

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Chairman Hill emphasized that the overarching goal is to expand the number of single-family homes available for American families and individual households, and cautioned that regulations failing to meet that objective "will fall short of congressional intent and risk reducing, not increasing, the availability and affordability of housing." 

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Flock Homes was founded in 2020 on a simple premise: granting everyday homeowners and landlords access to innovative wealth-management tools long available only to institutional investors using 721 exchanges. Today, the company's Partnership model enables retiring landlords to exit without selling – preserving passive income, deferring taxes, and most importantly, keeping their residents in place. When a traditional sale happens, residents almost always lose their homes. When an owner joins the Flock Partnership, families stay in place and homes get long-needed improvements.