The Senate Banking Committee will hold its first bipartisan housing markup in more than a decade, Chairman Tim Scott (R-S.C.) and Ranking Member Elizabeth Warren (D-Mass.) announced Thursday evening.
The executive session, which will involve the consideration of the ROAD to Housing Act of 2025, will also include the unveiling of a sweeping legislative package aimed at boosting the nation’s housing supply, improving affordability and strengthening oversight of federal housing programs.
The session will be held Tuesday, July 29, and will also be streamed online, according to a release from the U.S. Senate Committee on Banking, Housing and Urban Affairs.
“Since taking over as Ranking Member in 2022, I pledged to make housing a top priority and put forward commonsense reforms to reverse decades of failed housing policies,” Scott said in a statement. “Now, as Chairman, I’m proud to lead the committee in considering comprehensive legislation that will increase access to affordable housing for Americans across the country.
“This is a collaborative effort that includes the work of my colleagues across the committee, and I look forward to advancing these solutions to the full Senate.”
“With this historic bipartisan bill, we are taking a critical first step to bring down families’ number one monthly expense–housing costs. I’ve been calling on Congress to address our nation’s housing shortage for years, and I’m proud to work with Chair Scott and our entire Committee to put forward legislation that will boost housing supply, reduce homelessness and expand homeownership for families,” Warren said.
David M. Dworkin, president and CEO of the National Housing Conference (NHC), released a statement on Friday in support of the ROAD to Housing Act.
“The housing affordability crisis has impacted every community in America, regardless of politics or geography. It requires urgent, bipartisan, comprehensive action. I am grateful to Senate Banking, Housing, and Urban Affairs Committee Chairman Tim Scott (R-S.C) and Ranking Member Elizabeth Warren (D-Mass.) for their leadership in crafting and advancing the ROAD to Housing Act, which seeks to expand and preserve housing supply, improve housing affordability and access, advance accountability and fiscal responsibility, and improve oversight and program integrity,” Dworkin said.
“The ROAD to Housing Act includes several important proposals that the National Housing Conference has long supported or endorsed, including the PRICE Act, Whole-Home Repairs Act, HOME Investment Partnerships Reauthorization and Improvement Act, Choice in Affordable Housing Act, and Build More Housing Near Transit Act,” he added. “The National Housing Conference is proud to support this legislation and looks forward to working with members of the Senate and House of Representatives to enact this bipartisan legislation.”
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