(WASHINGTON, D.C.) —Jeffrey D. DeBoer, President and CEO of The Real Estate Roundtable (RER), issued the following statement:
“We strongly support the House’s bipartisan amendment to the 21st Century Road to Housing Act scheduled for House floor consideration today.
Significantly, this bill eliminates the unconstitutional “forced sale” of build-to-rent housing that plagued prior versions.
Moreover, the latest amendment is focused where it should be — on increasing housing supply. Its sections to boost manufactured housing; help support renters interested in home ownership; build more homes in Opportunity Zones; streamline excessive environmental reviews that delay residential construction; encourage transit-oriented development; and promote much-needed land-use and zoning reforms, among other provisions, all add up to a comprehensive and robust package of smart housing policy.
We congratulate Financial Services Committee Chairman French Hill and Ranking Member Waters on their landmark bipartisan accomplishment. Congress should pass the measure without delay so more homes that are safe, modern, and affordable can be delivered for the American people.”
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