New Mexico U.S. Rep. Stansbury touts housing law during Albuquerque visit • Source New Mexico
U.S. Rep. Melanie Stansbury (D-N.M.) on Aug. 19, 2026, touted a new, federal bipartisan housing law that she said will protect specialized housing programs, as well as reduce private equity’s ability to buy up single-family homes. (Patrick Lohmann/Source NM)
The 21st Century ROAD to Housing Act passed both chambers of Congress with wide, bipartisan majorities and became law July 11 despite never receivingPresident Donald Trump’s signature. Stansbury explained that Trump refused to sign the bill, so Republican House of Representatives members added an “unusual” provision enabling the bill to become law without Trump’s signoff.
“It just sort of quietly slipped through,” Stansbury said during a news conference at the Saranam facility on Albuquerque’s West Side. “And it’s kind of extraordinary when you think about how significant this legislation was.”
The bill caps the number of single-family homes private equity institutions can purchase and cuts regulations seen as barriers to affordabl…