11 National Organizations Commend the House for its Work, Now Call on Senate to Swiftly Pass the Act
The undersigned housing groups representing thousands of housing providers and tens of millions of residents commend the House of Representatives for its bipartisan passage of the recently amended 21st Century ROAD to Housing Act.
The revised Act, like all compromise legislation, is not perfect. Nevertheless, it is one that our organizations support as it encompasses some of the most significant housing proposals in a generation.
As the process moves forward, it will be vital that the final language safeguards millions of BTR homes and the individuals and families that are building their lives in them.
The Act includes many meaningful reforms that will help modernize federal housing programs, reduce barriers to development, and encourage the production and preservation of more housing nationwide. This revised legislation will help communities expand housing supply, improve affordability, and create more pathways to both rental housing and homeownership.
In the days to come, we look forward to working with lawmakers and the Department of Treasury to finalize important aspects of the bill around implementation and interpretation and make sure that BTR housing can continue to play such a robust and vital role in providing the rental housing the nation needs.
Now, as the President has indicated that he will sign the revised Act, this Coalition urges the Senate to pass this major legislation.
The amended 21st Century ROAD to Housing Act is a key win for members of Congress, the Administration and, most importantly, the American people.
Signatories Include:
Affordable Housing Tax Credit Coalition
Leading Builders of America
MBA
NAA
NAHB
NAHMA
Nareit
NHC
NLHA
NMHC
RER
Based in Washington, D.C., the National Multifamily Housing Council (NMHC) is where rental housers and suppliers come together to help meet America’s housing needs by creating inclusive and resilient communities where people build their lives. We bring together the owners, managers, developers and suppliers who provide rental homes for 40 million Americans from every walk of life—including seniors, teachers, firefighters, healthcare workers, families with children and many others. NMHC provides a forum for leadership and advocacy that promotes thriving rental housing communities for all. For more information, contact NMHC at (202) 974-2300, email the Council, or visit NMHC's website at nmhc.org.
