NHC praises House Financial Services Committee for advancing the Housing for the 21st Century Act
Washington, D.C., December 17, 2025 – David M. Dworkin, President and CEO of the National Housing Conference (NHC), released the following statement after the House Financial Services Committee overwhelmingly passed the Housing for the 21st Century Act, a comprehensive, bipartisan housing and community development package. Prior to the bill’s consideration by the Committee, NHC submitted a letter of support underscoring the importance of this bipartisan package and its potential to meaningfully address housing supply and affordability challenges nationwide.
“By modernizing outdated housing programs, reducing unnecessary barriers to development, and increasing flexibility for local communities, the Housing for the 21st Century Act helps create the conditions needed to build and preserve more affordable homes across America. The bill also appropriately emphasizes transparency, consumer protections, and accountability.
The National Housing Conference applauds the passage of the bipartisan Housing for the 21st Century Act out of Committee and thanks Chairman French Hill (R-AR) and Ranking Member Maxine Waters (D-CA), and Housing and Insurance Subcommittee Chairman Mike Flood (R-NE) and Ranking Member Emanuel Cleaver (D-MO), for their leadership in advancing solutions to America’s housing affordability crisis.
The housing affordability crisis affects every community, regardless of politics or geography. NHC’s report, Priced Out: When a Good Job Isn’t Enough, shows that middle-class Americans are facing a housing affordability crisis once assumed to be a concern only for low-income households. With the median U.S. household income now enough to buy a home in only 128 metropolitan statistical areas (down from 287 in 2019), the American Dream of homeownership is slipping away. Without significant policy action to expand supply and stabilize costs, affordability pressures will continue to deepen, displacing workers and constraining economic opportunity.
NHC encourages the House to pass this important legislation and looks forward to working with Congress on these critical priorities.”
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About the National Housing Conference (NHC): Founded in 1931, the National Housing Conference is the oldest and broadest housing coalition in America. NHC is a diverse continuum of affordable housing stakeholders who convene and collaborate through dialogue, advocacy, research, and education, to develop equitable solutions that serve our common interest—an America where everyone is able to live in a quality, affordable home in a thriving community. Politically diverse and nonpartisan, NHC is a 501(c)3 nonprofit organization. To learn more about NHC, visit www.nhc.org.
Contact:
Kara Beigay
202-466-2121 ext. 284
