The United States House Committee on Financial Services leadership unveiled the bipartisan Housing for the 21st Century Act, a legislative package aimed at improving housing development and affordability by updating outdated programs, removing regulatory roadblocks, and increasing local flexibility. The package was introduced by Chairman French Hill and Ranking Member Maxine Waters, alongside Housing and Insurance Subcommittee Chair Mike Flood and Ranking Member Emanuel Cleaver. The committee framed the bill as reducing unnecessary red tape and accelerating the development of affordable housing, and noted it incorporates some provisions from the Senate’s ROAD to Housing Act. Committee leaders indicated they plan to move the bill through regular order, advance it through the committee process to the House floor, and work with Senate counterparts in the new year. The committee also highlighted a series of housing hearings held during 2025 that informed the package.
U.S. Financial Services Committee 2025-12-11
United States House Committee on Financial Services leaders unveil bipartisan Housing for the 21st Century Act to streamline housing development and affordability
The U.S. House Committee on Financial Services introduced the bipartisan Housing for the 21st Century Act to enhance housing development and affordability by updating programs and removing regulatory barriers. The bill, incorporating elements from the Senate's ROAD to Housing Act, aims to reduce red tape and expedite affordable housing projects. Committee leaders plan to advance the bill and collaborate with the Senate in the coming year.