Overview
- The House Financial Services Committee released the Housing for the 21st Century Act with bipartisan sponsors including Chairman French Hill, Ranking Member Maxine Waters, Rep. Mike Flood and Rep. Emanuel Cleaver.
- House leaders moved to a standalone approach after removing the Senate-passed ROAD to Housing Act from the House’s NDAA, leaving the path to enactment to be negotiated outside the defense bill.
- A major provision would overhaul the HOME Investment Partnerships Program to give states and cities more flexibility and to speed projects by easing certain federal environmental requirements.
- The package encourages local zoning updates that support accessory dwelling units and small multifamily projects, offers grants for pre-approved design plans and directs reporting on land-use rules that impede construction.
- The bill proposes HUD code changes to better accommodate modular and manufactured housing, updates the manufactured-home definition, streamlines selected reviews, adjusts FHA multifamily loan limits and adds renter-focused measures such as a national eviction helpline and new oversight requirements.