When the Senate voted 89–10 on March 12, 2026 to pass the 21st Century ROAD to Housing Act, it was one of the most lopsided bipartisan tallies of the entire 119th Congress. Both leaders, both ideological flanks, and senators from reliably red and reliably blue states all lined up on the same side. Senate Democratic Leader Chuck Schumer (D-NY), Republican Whip John Cornyn (R-TX), progressive Sen. Elizabeth Warren (D-MA), and moderate Sen. Lisa Murkowski (R-AK) all voted yes.
Which makes the 10 senators who voted no worth looking at closely. They broke from a near-universal Senate consensus. Their names, their stated reasons — and in one case, their surprising ideological company — reveal the fault lines inside both parties on housing policy.
The Partisan Math
At the party level, Senate Vote #53 was a near-unanimous Democratic win and a strong — if not perfect — Republican endorsement. Senate Republicans voted 43–9 in favor (81.1% yes). Senate Democrats voted 44–1 (97.8% yes). Both independents voted yes.
| Party | YEA | NAY | Not Voting | YEA Rate |
|---|---|---|---|---|
| Republicans (53 members) | 43 | 9 | 1 | 81.1% |
| Democrats (45 members) | 44 | 1 | 0 | 97.8% |
| Independents (2 members) | 2 | 0 | 0 | 100% |
For context, the House had already passed H.R. 6644 on February 9 in a 390–9 vote (suspension of the rules requiring a two-thirds majority). The House Freedom Caucus — often a veto point for Republican leadership — split 26 yes to 5 no. This was not close in either chamber.
The Nine Republican Rebels
The nine Republican senators who voted no span the ideological right: libertarians, deficit hawks, and property-rights conservatives. Most of their objections target the same provision — a requirement that institutional investors who build-to-rent must divest those properties within seven years.
Sen. Ted Cruz (R-TX) — Cruz issued the most detailed public statement of the nine, arguing the divestiture rule "restricts those hoping to build new rental housing for Americans by requiring build-to-rent homes to be sold within seven years." In his reading, the provision would discourage construction of new rental units by making the long-term economics unworkable for institutional builders. (Cruz Senate press release)
Sen. Rand Paul (R-KY) — Paul framed his no vote in constitutional terms, arguing the bill "erodes contract and property rights." This is consistent with his longstanding opposition to any federal regulation of private property markets. (Paul on X)
Sen. Mike Lee (R-UT) — Lee opposed the bill on federalism grounds, objecting to the expansion of CDBG and HOME block grant programs that route federal dollars to local housing projects. Lee has consistently argued that housing policy should remain at the state and local level with no federal strings attached.
Sen. Ron Johnson (R-WI) — Johnson's objection aligns with his fiscal-conservative record: consistent opposition to expanded federal spending programs regardless of the policy area. No specific floor statement was identified at time of publication.
Sen. Rick Scott (R-FL) — As former governor of Florida, Scott brings a real estate and business background to his opposition. Florida is one of the largest markets for institutional build-to-rent development; the divestiture provision would directly affect projects already underway in his home state. No floor statement on file.
Sen. Todd Young (R-IN) — Young's no vote is the most surprising among the Republican nine. He has supported YIMBY-adjacent legislation in prior Congresses and is considered a moderate within the Republican conference. His likely objection is the investor restriction language; the breadth of the "institutional investor" definition may have been the sticking point for a senator who otherwise favors housing supply expansion.
Sen. Thom Tillis (R-NC) and Sen. Ted Budd (R-NC) — Both North Carolina senators voted no, making North Carolina the only state where both senators dissented. North Carolina is a major build-to-rent market; the Charlotte and Raleigh metros rank among the top ten BTR markets nationally. Their opposition likely reflects the economic interests of the BTR industry, which operates extensively in their state.
Sen. Tommy Tuberville (R-AL) — Tuberville's record reflects consistent opposition to federal regulatory expansion. No specific floor statement identified.
The Lone Democrat: Sen. Schatz
Of all ten no votes, none is more illuminating than that of Sen. Brian Schatz (D-HI).
Schatz is a housing supply advocate — a progressive YIMBY who has championed construction deregulation and renter protections throughout his Senate career. He serves on the Senate Appropriations Subcommittee on Transportation, Housing, and Urban Development. He wanted a housing bill to pass. And he voted no.
His reason, delivered in floor remarks, was a pointed critique of the investor provision's drafting:
"The definition of 'institutional investor' says, essentially, anyone who owns and operates more than 350 units to rent. That's bananas. We are now targeting LLCs, limited partnerships, real estate investment trusts, individual owners, family companies, pension funds — anyone who wants to build housing and then provide it for rent is going to be forced to sell after seven years."
Sen. Brian Schatz (D-HI), Senate floor remarks, March 11, 2026 — Floor remarks (YouTube)Schatz's position: the investor restriction as written is so broadly drawn that it would capture not just the large Wall Street firms the bill's authors intended to target, but also smaller operators, pension funds building affordable housing, and any private entity that wants to construct rental units at scale. In his view, the provision is a drafting error that would reduce rental housing supply — the exact opposite of the bill's goal. (TIME, March 13, 2026)
The Schatz Paradox: Same Vote, Opposite Reasons
The most striking data point in this rebel tracker is that Ted Cruz and Brian Schatz voted the same way and share a surface-level concern — the investor provision might reduce rental housing supply — while arriving there from irreconcilable premises.
Cruz and Paul believe the federal government should not regulate housing investors at all. Their objection is philosophical: private property and contract rights should be beyond Washington's reach.
Schatz has no objection to regulating investors. His objection is technical: the specific language of this specific provision is drawn too broadly to achieve its intended effect. He wants more housing. He believes this bill, as written, would produce less of it.
Both ended up in the no column on the same roll call. That shared outcome reflects a real weakness in the investor provision that both parties' housing advocates will have to grapple with when the bill returns for a House concurrence vote.
What the Bill Does
For context: H.R. 6644, the 21st Century ROAD to Housing Act, contains more than 40 provisions. The bulk of the bill addresses housing supply — streamlining permitting, expanding CDBG and HOME block grants for affordable construction, and incentivizing local zoning reform. The investor restriction (the mandatory divestiture rule for large build-to-rent operators) is one provision among many. The 89 senators who voted yes decided the bill's benefits outweighed their concerns about that provision. The 10 senators who voted no decided the opposite.
What's Next
The Senate passed an amended version of H.R. 6644, which means the bill must return to the House for a concurrence vote on the Senate's amendments before it can be sent to the President. The divestiture provision — the sticking point for the 10 no votes — is likely to face renewed scrutiny in that process. Whether the House accepts the Senate version or moves to conference will determine whether Schatz's drafting objection gets addressed before the bill becomes law.
Primary Sources
- Senate Vote #53 — H.R. 6644 Final Passage (Congress.gov roll call)
- House Vote #57 — H.R. 6644 House Passage (House Clerk roll call)
- H.R. 6644 — 21st Century ROAD to Housing Act (Congress.gov bill text)
- GovTrack — Senate Vote #53 (member-by-member breakdown)
- GovTrack — House Vote #57 (member-by-member breakdown)
- GovTrack — H.R. 6644 bill page
- Senate Roll Call List — 119th Congress, 2nd Session
- Sen. Cruz statement on voting against the housing act
- Sen. Rand Paul on X — property rights objection
- Sen. Schatz floor remarks — March 11, 2026 (YouTube)
- TIME — "The Lone Democrat Who Voted Against the Bipartisan Housing Bill" (March 13, 2026)
- NPR — "Senate passes bipartisan housing bill targeting large investors" (March 12, 2026)
- NACo — Senate Passes 21st Century ROAD to Housing Act