Chris Van Hollen: “today, I am voting in favor of the 21st Century ROAD to Housing Act. Whether they are renting or buying, too many…”

“today, I am voting in favor of the 21st Century ROAD to Housing Act. Whether they are renting or buying, too many Americans struggle with the cost of housing. This bill includes crucial reforms to streamline and enhance housing programs, as well as important incentives for communities to build high quality, affordable housing for all. I am also proud that this legislation includes my bipartisan VA Home Loan Awareness Act and VALID Act to help more veterans and their families secure affordable home loans. We have much more work to do to deliver affordable housing to the American people, but this bipartisan legislation is a step forward. We need to examine ways to increase investment in housing supply and improve financing options, as well as expand vouchers to directly assist families. There are also different perspectives on how this legislation's treatment of 'build-to-rent' housing could affect housing supply and prices. Accordingly, we must closely monitor housing markets to ensure those provisions support housing affordability appropriately and make adjustments if circumstances warrant. I look forward to continuing to work with my colleagues to increase the production of affordable housing communities need.”