Building Capacity: Reducing Government Roadblocks to Housing Supply... (EventID=118713)

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Connect with the House Financial Services Committee » Get the latest news: https://democrats-financialservices.house.gov/ » Follow us on Facebook: https://www.facebook.com/USHouseFSC » Follow us on Twitter: https://x.com/USHouseFSC » Follow us on Instagram: https://www.instagram.com/ushousefsc/ » Follow us on Bluesky: https://bsky.app/profile/ushousefsc.bsky.social ___________________________________ » Subscribe: https://www.youtube.com/@USHouseFSC?sub_confirmation=1 ___________________________________ On Wednesday, December 3, 2025, at 10:00 a.m. (ET) full Committee Chairman Hill and Ranking Member Waters will host a hearing entitled, “Building Capacity: Reducing Government Roadblocks to Housing Supply." ___________________________________ Witnesses for this one-panel hearing will be: • Mr. Kevin Sears, Immediate Past President, National Association of Realtors • Mrs. Julie Smith, Chief Administrative Officer, Bozzuto, on behalf of the National Multifamily Housing Council, the National Apartment Association, and the Real Estate Technology and Transformation Center • Mr. Tobias Peter, Senior Fellow and Codirector, American Enterprise Institute Housing Center • Ms. Nikitra Bailey, Executive Vice President, National Fair Housing Alliance ___________________________________ This hearing will continue the Committee’s examination of the factors and policies that have led to the lack of housing supply in America. Over the past decade, housing affordability has become one of the most urgent challenges facing American families. The nation has simply not built enough homes to meet demand, leaving millions of families, especially those in the lower- and middle-income brackets, struggling to find affordable options for homeownership or rental housing. While estimates vary, experts estimate that the overall housing market is currently underbuilt by millions of units. This gap is especially pronounced in the moderate income price range for single family purchase homes where, in many places, it no longer makes economic sense to build such houses despite available purchaser interest. No single factor is responsible for the situation. Rising material and labor costs, fiscal and monetary policies that fueled inflation, and a complex network of government-imposed regulations have all contributed to record-high housing costs. Meanwhile, a maze of federal, state, and local rules has made new development costly, slow, and unpredictable. Builders face multiple layers of permitting, environmental review, and financing restrictions that discourage production and shrink private investment. The result is a market where too few homes are being built, and too many families are priced out. The Committee will hear testimony from experts to identify potential legislative tools that can help address the housing supply gap and the affordability challenges many face today. Legislation Noticed 1. H.R. 638, the Housing Temperature Safety Act of 2025 (Torres): This bill establishes a HUD pilot program to award grants to public housing agencies and owners of certain federally assisted rental housing to install temperature sensors in dwelling units (with the written permission of tenants) for purposes of ensuring that units comply with temperature related requirements. 2. H.R. 1078, the Respect State Housing Laws Act (Loudermilk): This bill repeals the expired CARES Act eviction mandate of a 30-day “pay or vacate” notice for landlords in federally assisted housing before they could initiate an eviction, reducing opportunities for frivolous lawsuits. 3. H.R. 2362, the VA Home Loan Awareness Act (De La Cruz): This bill requires the Uniform Residential Loan Application used by most mortgage lenders to collect borrower information to include a military veteran disclosure that they might qualify for Department of Veterans Affairs (VA) Home Loan. 4. H.R. 2840, the Housing Supply Frameworks Act (Flood): Similar to H.R. 10351 in the 118th Congress, this bill requires HUD to publish best practices guidelines to assist communities in maintaining modern local and state zoning frameworks that support the production of adequate housing options at every income level. 5. H.R. 3774, the HUD Accountability Act of 2025 (Lawler): This bill requires the HUD Secretary to testify before Congress on an annual basis. 6. H.R. 4385, the Helping More Families Save Act (Torres): This bill establishes a HUD-pilot program allowing up to 5,000 families assisted under Section 8 or Section 9 of the U.S. Housing Act of 1937 to be enrolled in an opt-out escrow savings program under which increases in rent due to income growth are deposited into interest-bearing... ___________________________________ #housing #doddfrank #fdic #cfpb #insurance #financialservices #regulation #hud #securities #securitiesandexchangecommission ___________________________________ Hearing page: https://democrats-financialservices.house.gov/events/eventsingle.aspx?EventID=413935