By Unknown, Lou Correa

WASHINGTON — Today, the bipartisan co-chairs of the Congressional Real Estate Caucus—U.S. Representatives Lou Correa (CA-46). Mark Alford (MO-04), Tracey Mann (KS-01), and Brittany Pettersen (CO-04)—celebrated the U.S. House of Representatives passing the House Amendment to the 21st Century ROAD to Housing Act (H.R.6644) with overwhelming bipartisan support. H.R.6644 is a package of housing bills aimed at making homeownership more accessible in several ways, including reforming housing counseling and financial literacy programs, increasing access to small-dollar mortgages, increasing the multifamily loan limits to better match housing market costs and increasing affordability, prohibiting corporate landlords from buying homes, and creating a renter hotline and resource center.

“The housing affordability crisis hit people across Orange County particularly hard, with skyrocketing home prices shutting out too many people from owning their own home, a core component of the American Dream,” said Rep. Lou Correa. “I am pleased that this bipartisan legislation would make housing more affordable and encourage the building of new homes. This will benefit not only families in Southern California, but across the country.”