MBA Releases Statement on the House Financial Services Committee’s Housing Legislative Package, Sends Letter to Leadership
MBA’s President and CEO Bob Broeksmit, CMB, released the following statement on the comprehensive housing legislative package, the Housing for the 21st Century Act, introduced by House Financial Services Chairman French Hill (R-AR) and a bipartisan group of Committee members:
“Housing affordability is a bipartisan issue that demands federal, state, and local solutions. MBA welcomes the heightened focus on this important issue from both the Trump administration and Congress.
“We are proud to support the pro-housing proposals introduced by House Financial Services Committee Chair French Hill, Ranking Member Maxine Waters (D-CA), and a bipartisan group of lawmakers, which advance several MBA-backed reforms. These include updating Federal Housing Administration multifamily loan limits, streamlining federal housing program offerings, improving financing options for Rural Housing Service loans, providing targeted support for construction and rehabilitation, and fostering coordination among federal agencies and Congress. Many of those same priorities are reflected in the Senate Banking Committee Chairman Tim Scott-led (R-SC) ROAD to Housing Act, which MBA also supports for its numerous measures that benefit both prospective homeowners and renters.
“MBA is a strong advocate for policies that boost housing supply and improve affordability. We will work with House and Senate leaders on both sides of the aisle to reconcile differences and to build momentum toward pushing meaningful legislation across the finish line as soon as possible.”
Additionally, MBA sent a letter to House Financial Services Committee Chair French Hill (R-AR) and Ranking Member Maxine Waters (D-CA) ahead of a markup on the bipartisan housing package.
The letter commends the package that aims to expand and preserve housing supply, improve affordability and access, and bolster the oversight and integrity of federal housing programs.
It also noted MBA’s support for an Amendment in the Nature of a Substitute to the Housing for the 21st Century Act (H.R. 6644). “The proposal is designed to address the nation’s housing affordability challenges–problems that demand the focused attention of Congress and the federal agencies that regulate key aspects of the housing ecosystem. Both legislative and regulatory reforms are needed to appropriately improve affordability and address the nation’s housing supply shortage. Accordingly, MBA strongly supports the bipartisan consensus you have built on many of these issues in an effort to promote the enactment of workable solution,” the letter stated.
The letter also provided industry feedback on a number of specific sections of the AINS.
Additionally, MBA weighed in with support on H.R. 1078, the Respect State Housing Laws Act, and H.R. 5577, the NFIP Extension Act of 2026.
“Again, MBA supports the AINS to H.R. 6644 and urges an ‘Aye’ vote on its passage by all Members of the Financial Services Committee. Our association stands ready to collaborate with you to help advance the proposal (once reported) through the House–and ultimately help reconcile its differences with the Senate’s ROAD to Housing proposal (as crafted earlier this year),” the letter concluded. “Importantly, MBA also urges an ‘Aye’ vote on H.R. 1078 and H.R. 5577.”
Click here or see below for the full letter
