The Senate Committee on Banking, Housing, and Urban Affairs held an executive session for a markup of the bipartisan “Renewing Opportunity in the American Dream (ROAD) to Housing Act” on Tuesday, July 29. This is the first bipartisan housing bill markup in over a decade. The bill passed out of the Committee unanimously.
The “ROAD to Housing Act” includes 40 provisions covering financial literacy, housing supply, manufactured housing, homeownership, program reform, veterans’ housing, and oversight and coordination of housing program and agencies. It includes several provisions that NLIHC has endorsed and advocated for, including provisions from the Reforming Disaster Recovery Act and the Rural Services Reform Act.
NLIHC has published an analysis of the bill, including information on provisions we support and those we have concerns about.
Read the draft bill text here.