05/20/2026 | Press release | Distributed by Public on 05/20/2026 12:18
WASHINGTON (May 20, 2026) - Today, Shannon McGahn, executive vice president and chief advocacy officer of the National Association of REALTORS®, issued the following statement after the House passed the 21st Century ROAD to Housing Act:
"The National Association of REALTORS® applauds House passage of the 21st Century ROAD to Housing Act, one of the most significant bipartisan housing packages Congress has considered in decades. From the beginning, NAR has strongly supported this sweeping legislation and worked closely with lawmakers in both chambers and the Administration to help advance real solutions to America's housing supply and affordability challenges.
"This bill reflects the growing bipartisan consensus that the nation needs bold action to expand housing inventory, improve affordability, and create more pathways to homeownership and rental opportunity. Specifically, this amended bill provides communities with new resources and best practices to modernize zoning and boost supply, streamlines federal permitting, and expands financing options for manufactured and rural housing. The bill also modernizes key programs like CDBG and HOME to strengthen local housing investment, improves credit access for homebuyers, and helps ensure veterans take full advantage of their VA home loan benefits.
"We encourage the Senate to advance this legislation and send it to the President's desk. NAR looks forward to continuing our work with leaders in the House, Senate, and the Administration to move these housing solutions across the finish line for communities nationwide."
The National Association of Realtors® is involved in all aspects of residential and commercial real estate. The term Realtor® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of Realtors® and subscribes to its strict Code of Ethics. For free consumer guides about navigating the homebuying and selling transaction processes - from written buyer agreements to negotiating compensation - visit facts.realtor.
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