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A bipartisan House group introduced a bill to create a task force addressing housing affordability by studying key barriers to homeownership.
A bipartisan group of U.S. House members has introduced legislation to combat the housing affordability crisis by establishing an interagency task force involving HUD, USDA, VA, Treasury, and FHFA.
The task force will study barriers to homeownership, including mortgage costs, construction, insurance, down payments, disaster resilience, and federal housing programs.
Rising home prices outpacing income growth have made homeownership unattainable for many, with only 34% of Americans able to afford a home nationally and just 15% in California.
The bill, led by Reps. Lou Correa, D-California, and Mark Alford, R-Missouri, aims to gather data and inform future policies to preserve the American dream of homeownership, especially for younger generations.
It is part of the Congressional Real Estate Caucus’s broader effort to foster federal collaboration on housing solutions.
Un grupo bipartidista de la Cámara presentó un proyecto de ley para crear un grupo de trabajo que aborde la asequibilidad de la vivienda estudiando las principales barreras para la propiedad de vivienda.