Mike Flood: “I rise today to highlight just one way the House-passed One Big Beautiful Bill Act will help more people live the…”

“I rise today to highlight just one way the House-passed One Big Beautiful Bill Act will help more people live the American Dream. As the chairman of the Housing and Insurance Subcommittee, I am very concerned about the housing crisis that America is experiencing. The One Big Beautiful Bill Act, which this House passed last month, includes a key provision that expands tax credits to incentivize the building of more workforce housing. While increasing housing supply has no silver bullets, expanding the low-income housing tax credit is a major step in the right direction. According to the National Association of Realtors, there is a 5-million-unit gap between housing demand and housing supply in this country. Once the bill is law, the expanded tax credit will boost America's housing supply. I look forward to continuing to work together to tackle the housing issues facing America with creative solutions.”