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Mr. LAWLER. Mr. Speaker, I rise in strong support of the 21st Century ROAD to Housing Act. We are 8 million units underbuilt nationwide.
Under the prior administration, 30-year mortgage rates hit a 30-year high. The average age of a first-time home buyer is 40 years old.
The bottom line is, we need more housing. This bill, working together, does just that. It eases regulations. It creates greater access to capital. It provides more accountability at HUD. Ultimately, it increases supply, which will have a profound impact on Americans across this country.
I am proud to have coauthored six pieces of legislation that are in the final deal. I look forward to its passage today and President Trump signing it into law tomorrow.
This is a positive step forward for the American people to increase access to housing, to cut regulatory burdens, and to reduce overall costs. I urge everyone to vote ``yes.''
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