The House and Senate have not made any progress in reconciling their differing versions of 21st Century Road to Housing Act.
What’s the holdup? Provisions targeting bans on central bank digital currency and large housing investors are stalling the bill’s passage. Industry leaders warn that restrictions on build-to-rent investments could freeze capital and deepen the U.S. housing shortage.
What They’re Saying: The Congressional Black Caucus released a statement encouraging a conference on the bill.
“It is our responsibility to ensure that families across America receive the support they need to address the growing housing affordability crisis. The CBC is demanding that both chambers return to conference, reconcile the House and Senate versions, and produce the strongest possible housing legislation for communities across the nation.”
