NCSHA Statement Supporting House’s 21st Century ROAD to Housing Act
WASHINGTON, DC — The National Council of State Housing Agencies commends House leaders from both parties for their work to develop a revised version of the 21st Century ROAD to Housing Act and encourages the House to pass the bill next week. The bill retains most of the bipartisan policies in the House’s prior version as well as the Senate’s version.
It also makes important improvements that result in an even stronger bill overall. In particular, the House bill scheduled for consideration next week adds reforms to rural housing programs, includes a home repair pilot program, and ensures single-family built-to-rent communities owned by institutional investors, including communities financed with the Housing Credit for low-income households, remain a viable source of critically needed supply.
“NCSHA has worked for months with housing leaders in both parties and chambers of Congress on the development of comprehensive housing legislation that would improve the HOME Investment Partnerships Program, allow banks to increase their investments in Housing Credit properties, preserve affordable housing in rural areas, and make other important enhancements to HUD and USDA affordable housing programs,” said NCSHA Executive Director Stockton Williams. “It’s time for Congress to send such a bill to President Trump.”
About the National Council of State Housing Agencies
For more than 50 years, state housing finance agencies have played a central role in the nation’s affordable housing system, delivering financing to make possible the purchase, development, and rehabilitation of affordable homes and rental apartments for low- and middle-income households.
The National Council of State Housing Agencies is a nonprofit, nonpartisan organization created to advance, through advocacy and education, the efforts of the nation’s state HFAs and their partners to provide affordable housing to those who need it. NCSHA’s vision: An affordably housed nation. Learn more at www.ncsha.org.
For more information, contact Lisa Bowman, Director of Marketing and Communications.
