Congresswoman Lee, Battleground Members Call on President to Sign Bipartisan Housing Bill
Today, Congresswoman Susie Lee (NV-03) led nearly a dozen battleground members in calling on President Trump to sign the 21st Century ROAD to Housing Act, a bipartisan housing package that will increase housing supply and lower costs for American families. Despite Republicans and Democrats coming together to overwhelmingly pass the bill, President Trump has refused to sign it as Americans see their housing costs skyrocket, calling it “unimportant.”
“Buying or renting a home should not be out of reach for Americans. One job should be enough to own a home, afford health care, and retire with dignity. That’s exactly what I’ve been fighting for,” said Congresswoman Susie Lee. “Over a week ago, Democrats and Republicans came together to pass a bipartisan package to increase housing supply and lower costs for families. Unfortunately, this President is more interested in political games than making the dream of home ownership a reality for Americans. I have a simple message for him: sign the damn bill.”
After Members of Congress from both chambers and both sides of the aisle came together to negotiate a version of the bill that could gain broad support, the legislation passed the House and Senate, with overwhelmingly bipartisan votes of 358-32 and 85-5, respectively.
Key provisions of the bill include:
- Prohibiting large institutional investors that already own more than 350 properties from purchasing certain single-family homes.
- Allows HUD to prioritize projects in Opportunity Zones for any competitive grants related to housing development or preservation.
- Nevada is home to 61 Opportunity Zones, including communities in Spring Valley, Paradise, the Arts District, and the Medical District.
- Reauthorizing and expanding eligibility for the HOME Investment Partnership Program, including increasing the maximum eligible income.
- The HOME program has invested $264.1 million in Nevada since 1992, which has helped build or preserve 8,910 homes, provide rental assistance to over 1,350 families, support more than 15,800 jobs, and generate roughly $1 billion in local income.
- Increasing flexibility for the use of Community Development Block Grant (CDBG) funds, including authorizing the use of funds for construction of new affordable housing.
- Clark County receives approximately $8.5 million annually from HUD in CDBG funding, which may be used for a variety of activities that support low- and moderate- income communities.
- Permanently excluding veterans’ disability payments from annual income calculations under the Department of Housing and Urban Development Veterans Affairs Supportive Housing Program (HUD-VASH).
- VASH is a joint effort between the HUD and the VA, where HUD allocates “Housing Choice” Section 8 vouchers across the country. These vouchers allow Veterans and their families to live in market rate rental units while VA provides case management services. Veterans’ disability income will no longer be considered when applying for the HUD-VASH vouchers. From 2008-2024, HUD-VASH collectively provided over 2,000 vouchers to support Nevada’s veterans.
This bill includes key provisions to broaden access to homeownership, expedite building of manufactured housing, make available small-dollar mortgages, better protect borrowers and families living in public or assisted housing, enhance federal oversight of housing providers, and lay the groundwork for the development of new homes families can afford across America.
Congresswoman Lee was joined by Representatives Gabe Vasquez (NM-02), Andrea Salinas (OR-06), George Whitesides (CA-27), Marcy Kaptur (OH-09), Kim Schrier, M.D. (WA-08), Nellie Pou (NJ-09), Val Hoyle (OR-04), Dina Titus (NV-01), April McClain Delaney (MD-06), and Darren Soto (FL-09).
Congresswoman Lee has consistently worked to build more housing families can afford across southern Nevada. She led and helped get signed into law the bipartisan Accelerating Appraisals and Conservation Efforts (AACE) Act to speed up appraisals and approvals for Nevada housing projects and cut governmental red tape that drives up housing costs. Congresswoman Lee is also a cosponsor of the Housing Oversight and Mitigating Exploitation (HOME) Act to help lower housing costs for Nevadans by cracking down on price gouging by corporate investors who are buying up housing stock and driving up home prices.
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