House Financial Services Committee Chairman French Hill (AR-02) issued the following statement after Senate Majority Leader John Thune (R-SD) filed cloture on the Committee’s Housing for the 21st Century Act:
“In his State of the Union address, President Trump made clear that reclaiming the American Dream for families was his top priority. Senate Majority Leader Thune’s action today is an important step in delivering that promise. It is imperative that my Senate colleagues work with the House to deliver a bipartisan housing bill to President Trump’s desk – one that reflects the shared priorities of the House, Senate, and White House.”
Further Background:
On February 9, 2026, the House of Representatives passed the Committee’s Housing for the 21st Century Act by a strong bipartisan vote of 390-9.
On December 17, 2025, the Housing for the 21st Century Act passed out of the Financial Services Committee with a vote of 50-1.
On December 11, 2025, Chairman Hill, Ranking Member Waters, Subcommittee Chairman Flood, and Subcommittee Ranking Member Cleaver introduced the Housing for the 21st Century Act.
On December 3, 2025, the full Committee held a hearing entitled “Building Capacity: Reducing Government Roadblocks to Housing Supply.” The Committee reviewed 41 bipartisan solutions to address barriers to affordable housing.
On July 16, 2025, the Subcommittee on Housing and Insurance held a hearing entitled “HOME 2.0: Modern Solutions to the Housing Shortage.”
On June 12, 2025, the Subcommittee on Housing and Insurance held a hearing entitled “Housing in the Heartland: Addressing Our Rural Housing Needs.”
On May 14, 2025, the Subcommittee on Housing and Insurance held a hearing entitled “Expanding Choice and Increasing Supply: Housing Innovation in America.”
On March 4, 2025, the Subcommittee on Housing and Insurance held a hearing entitled “Building Our Future: Increasing Housing Supply in America.”
