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21st Century ROAD to Housing Act highlights home repair and starter support
The column says more than one in four renter households, about 12 million families, spend over half their income on rent and utilities.
A HousingWire column ahead of the United States’ 250th anniversary argues that housing is central to economic opportunity and urges Congress to back initiatives tied to the bipartisan 21st Century ROAD to Housing Act. The piece cites data that more than one in four renter households, about 12 million families, spend more than half of their income on rent and utilities, limiting room for other essentials such as groceries and childcare.
The column says housing affects outcomes far beyond affordability, influencing how well children do in school, how seniors can age with dignity, and whether neighborhoods remain places where businesses invest and residents can stay. It calls the 21st Century ROAD to Housing Act an important first step and urges funding for initiatives authorized by the bill, including the Whole Homes Repair Program to help homeowners make essential repairs. The column also urges lawmakers to enact the Neighborhood Homes Investment Act, which it says would create a tax credit aimed at supporting additional local housing investment, alongside other starter home financing efforts.