Steil-Led Housing Affordability Legislation Passes the House
Washington, DC – This week, the House of Representatives voted to pass the Housing for the 21st Century Act (H.R. 6644), which includes the Accelerating Home Building Act (H.R. 5907), a bill co-led by Congressman Bryan Steil (WI-01) and Congresswoman Janelle Bynum (OR-05), on a vote of 390-9.
“Housing costs have doubled over the last eight years in Wisconsin, making homeownership out of reach for many families," said Steil. "By cutting through red tape and empowering local decision makers to increase supply, we can reduce costs and make it easier for families to purchase a home."
Housing costs continue to rise due to a lack of supply, workforce shortages, and costly government regulations. These costs have put homeownership out of reach for many families.
The Accelerating Home Building Act creates a grant program within the Department of Housing and Urban Development to help towns and cities implement pattern zoning, a process for architects and local governments to develop "pattern books" full of pre-approved, standardized plans and designs for use in their communities. This process tackles housing affordability by reducing red tape, lowering design costs, streamlining zoning approvals, and accelerating construction timelines.
CLICK HERE to read the Housing for the 21st Century Act.
CLICK HERE for a one pager on the bill.