Elizabeth Warren Discusses the Bipartisan ROAD To Housing Act of 2025

The ROAD To Housing Act of 2025

• 🏠 The ROAD To Housing Act of 2025 is a bipartisan legislative package aimed at lowering housing costs for American families.
• 🤝 This bill represents a significant step forward, being the first bipartisan housing legislation to move through the Banking Committee in over a decade.
• 🇺🇸 The legislation includes proposals from every committee member, focusing on increasing housing supply and reducing construction costs.

Key Provisions and Support

• 🏗️ Proposals from various senators aim to support local communities in building more housing, including modular and manufactured housing, and to eliminate red tape that drives up building costs.
• 🏘️ Other provisions focus on reducing homelessness, improving HUD's disaster recovery efforts, and preserving/expanding housing options for renters, homeowners, veterans, and rural communities.
• 📈 The act also addresses the reliability of home valuations and shortages in the appraiser workforce, which contribute to housing costs and delays.
• 💰 It includes measures to reauthorize HUD's HOME program for affordable housing and the PRICE program to preserve affordability in manufactured housing communities.

Bipartisan Collaboration and Future Steps

• 💡 The bill incorporates proposals from senators across the aisle, such as encouraging cities to boost housing supplies and expanding modular housing financing options.
• 🏆 An innovation fund is included to reward communities that successfully increase housing supply and lower building costs.
• ✅ Senator Warren emphasizes that while this package is a significant step, Congress must continue to do more to address rising housing costs.
• 🙏 She urges colleagues in both the House and Senate to quickly pass the bipartisan ROAD to Housing Act of 2025.