Bicameral Agreement Reached on 21st Century Road to Housing Act, Including CDBG-DR Authorization
By
Andrew Rumbach
Summary
The Senate Banking Committee and House Financial Services Committee have reached a bicameral agreement on the 21st Century Road to Housing Act, described as the most significant housing legislation in decades. The bill has wide bipartisan support and backing from President Trump. It includes provisions related to disaster, climate, and resilience, notably the CDBG-DR (Community Development Block Grant - Disaster Recovery) authorization. The Senate is expected to begin procedural votes soon, with passage anticipated later this summer.
Source
bskyBicameral Agreement Reached on 21st Century Road to Housing Act, Including CDBG-DR Authorizationandrewrumbach.substack.comKey quotes
· 4 pulledToday the Senate Banking Committee and the House Financial Services Committee announced they had reached bicameral agreement on the 21st Century Road to Housing Act, the most significant piece of housing legislation in decades.
Anything can happen in Washington, but the bill has received wide bipartisan support and support from President Trump.
The Senate will begin a series of procedural votes on the bill this week, and barring anything unexpected should pass into law later this summer.
The 300-page bill includes several provisions that will be of interest to disaster, climate and resilience
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