U.S. Sen. Katie Britt, R-Alabama, and her Senate Banking Committee colleagues unanimously advanced a bipartisan bill Tuesday (July 29) to boost the nation’s housing supply, reduce barriers to homeownership and update federal housing regulations.
The Renewing Opportunity in the American Dream (ROAD) to Housing Act is the first bipartisan housing package in over a decade to advance out of committee.
Britt, chair of the housing subcommittee for the Senate Committee on Banking, Housing and Urban Affairs, said the legislation is a “great first step” to tackle the housing affordability crisis.
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“I am proud of the things that were included in here, in particular, rolling back that red tape, for instance, particularly when it comes to manufactured homes, allowing people to have that first home and move into that,” Britt said during Tuesday’s markup. “Many of those regulations were outdated, unnecessary, and this bill creates solutions for that.”
The package includes streamlining review processes to speed up construction of new housing, provides support for local communities to boost the housing supply, addresses homelessness and tackles the affordability issue.
Britt specifically championed the Helping More Families Save Act, included in the package, to establish a pilot program under the Department of Housing and Urban Development to support families wanting to grow their household savings. She worked on the legislation with Democratic Sen. Jack Reed of Rhode Island.
EDITOR’S NOTE — This story was written by Alex Angle and originally published by Alabama Daily News.
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