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The Week Ahead: The Great American Housing Facelift

Congress House of Representatives

Congress House of RepresentativesThis week, the House Financial Services Committee will host a virtual hearing, “Building Back Better: Examining the Need for Investments in America's Housing and Financial Infrastructure [1],” set for Wednesday, April 14 at 10:00 a.m. ET.

House Financial Services Committee Chairwoman Maxine Waters (D-CA) will lead the hearing, which will discuss measures the industry and government can take to improve the housing system and the benefits of these investments.

In 2019, Chairwoman Waters introduced H.R. 5187 [2], the Housing is Infrastructure Act of 2020, a bill that would authorize additional funding for various housing assistance programs, including:

“Too many Americans are fighting tooth and nail to keep a roof over their heads as our nation continues to face a housing affordability and homelessness crisis,” said U.S. Vice President Kamala Harris, who released a companion bill—S. 2951: Housing is Infrastructure Act [3]—while in the Senate. “It will take a comprehensive and serious investment to confront this issue head on, and the Housing is Infrastructure Act is our best chance to get it done. I am proud to work with Chairwoman Waters on this bill, which would empower our local communities to make affordable housing available for all. Housing is a human right, and we must act now to tackle the affordable housing crisis and ensure everyone has a safe and accessible home.”

Click here [1] to log on to the virtual hearing.

Here's what else is happening in The Week Ahead: