Providing for the Concurrence By the House in the Senate Amendment to H.R. with Amendment

Floor Speech

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Mr. LICCARDO. Mr. Speaker, I thank the ranking member and the chair for their leadership on this effort.

Mr. Speaker, I rise today in support of this amendment to the 21st Century ROAD to Housing Act.

Today, a rapidly growing number of our families, nearly 13 million, appear severely rent burdened, meaning they spend more than half of their income on housing and utilities.

Our housing crisis requires many actions from this Congress, but we should start precisely where we all agree, Republicans and Democrats, on improving affordability through accelerating expansion of housing supply.

This legislation, which includes four bills that I either lead or co- lead with my colleagues, will take important steps to cut red tape, lower costs, and boost supply of multifamily housing construction, both market-rate and affordable.

Let's embrace this too rare moment of bipartisanship and approve this package to expand supply, and then let's continue this momentum, rolling up our sleeves, to address the affordability crisis that too many of our families are pressed by. Mr. Speaker, the rent is too damn high.

Mr. Speaker, I urge my colleagues to support this package.

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