Blog de Dunlap: The biggest housing bill in 30 years

Danielle, I'm going to say something that might shock you: we're one step closer to passing the most significant housing legislation in 30 years.

I have joined forces with Republicans and Democrats in both the House and the Senate to create the 21st Century ROAD to Housing Act, which will build more housing and lower costs for families.

This bill includes more than 40 provisions to help boost housing supply, reduce homelessness, cut red tape and streamline construction, expand access to homeownership — and for the first time ever, stop private equity executives from hoarding homes that should be owned and lived in by families.

Year after year, Congress has stood by, shocked by the rising cost of housing. Now we’re actually doing something about it — and showing that it is possible for our government to actually work for working people.

I’m going to fight my heart out to help Democrats take back our majorities this November. But even with Republicans controlling Congress, there are still some places where the door is open to making real change — and I’m going to fight to get as much done as possible with the Congress we have now. Will you pitch in $100 or anything you can now to strengthen our fight?

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We are in a dire housing crisis across rural communities, small towns, suburban neighborhoods, and major cities.

A majority of Americans can’t afford rent on a modest 2-bedroom.

Nearly two in three renters don’t believe they could buy a home in the foreseeable future.

Americans aren't buying their first home until age 40 — while hearing stories of their grandparents buying their home for a tiny fraction of the cost today.

Since 1990, the cost of housing is up 174% while wages have flatlined.

This is a simple Economics 101 problem: We’ve got to increase the supply of available housing on the market to bring down costs.

We do that in this bill by cutting bureaucratic red tape, expanding access to homeownership, making robust federal investments to build more housing that families want to live in, and preventing private equity executives from hoarding homes as investment opportunities that should be owned and lived in by families.

This bill is ready. It's time to send it to the President's desk and deliver real relief for families across the country.

I’m going to keep doing everything I can to get this bill passed, work with the Congress we have now to get relief to the American people, and take back our majorities in November so we can pass more transformational policies for working people. If you’re able, please pitch in $100 or whatever makes sense to support our work and continue making progress for working people.

Thanks for being a part of this,

Elizabeth