12/19/2025 | Press release | Distributed by Public on 12/19/2025 13:17
WASHINGTON, DC -The House Committee on Financial Services advanced the bipartisan Housing for the 21st Century Act, a legislative package designed to streamline development and make housing more affordable. Congressman Sam Liccardo (CA-16)leads two bills included in the package, both focused on cutting red tape that is constraining growth in America's housing supply.
"We are twelve million homes short for both buyers andrentersin the U.S., and we won't meet demand unless we increase supply," said Liccardo. "Meeting our nation's housing demand will drive down housing costs, and I'm proud to lead legislation that eases the squeeze on families-perhaps nowhere more acutely than in the Bay Area."
Congressman Mike Flood, Chairman of the Housing and Insurance Subcommittee, co-leads both bills with Liccardo, and those bills have made their way into a bipartisan housing package advancing to the House floor in January.
Together, the bills-H.R. 4810, the BUILD Housing Act, and H.R. 4660, the Unlocking Housing Supply Through Streamlined and Modernized Reviews Act-reflect growing bipartisan consensus that solving America's housing shortage requires more nimble federal processes for affordable construction, and stronger partnerships with state and local governments.
"Advancing this package-and both of my bills-is a critical step toward tackling the housing crisis head-on," added Liccardo. "Congress must act with the urgency this moment requires."