U.S. Financial Services Committee Chairman French Hill issued a statement backing the House amendment to the 21st Century ROAD to Housing Act after it passed the Senate. He described the bipartisan amendment as a housing measure that would cut barriers to new home construction, modernize U.S. Department of Housing and Urban Development programs, and allow banks to more freely deploy funding in their communities. Hill said the amendment reflects concerns raised over recent months by hundreds of members and stakeholders. He framed the bill as aimed at expanding access to home ownership and improving affordability, and said he will continue working on the legislation.
U.S. Financial Services Committee 2026-05-14
U.S. Financial Services Committee chairman backs Senate-passed housing amendment cutting construction barriers and modernizing HUD programs
U.S. Financial Services Committee Chairman French Hill endorsed the House amendment to the 21st Century ROAD to Housing Act following its Senate passage, calling it a bipartisan measure to reduce barriers to new home construction, modernize HUD programs, and give banks more flexibility to deploy funding in their communities. He said the amendment responds to concerns from members and stakeholders, is intended to expand access to home ownership and improve affordability, and that he will continue working on the legislation.