Congressman Tim Moore Votes to Pass Bipartisan Housing Affordability Legislation Out of Financial Services Committee

WASHINGTON, D.C. — Yesterday, the House Committee on Financial Services advanced the bipartisan Housing for the 21st Century Act (H.R.6644). Congressman Tim Moore (NC-14) voted to pass this legislation out of the committee, recognizing the importance of this legislation to streamline housing development and affordability by updating outdated programs, removing regulatory roadblocks, and increasing local flexibility.

During the hearing, Congressman Moore said, “Rather than imposing new federal mandates, this bill takes a smarter approach. It removes unnecessary barriers to housing production and gives states and local governments greater flexibility to expand supply in ways that reflect local needs. The Housing for the 21st Century Act directly addresses regulatory inefficiencies that delay construction, that increase costs but does so by streamlining federal environmental review requirements and modernizing federal standards that no longer reflect today's modern building practices. These reforms will shorten the permitting timelines, and they will also directly lower the per unit construction costs. The bill also embraces innovation, particularly when it comes to manufactured and factory-built housing.”

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Watch Congressman Moore's remarks here.

Specifically, the Housing for the 21st Century Act will:

·     Expand housing supply by streamlining federal housing processes, cutting red tape, and reducing the barriers that prevent new home construction—especially in fast-growing communities like those in Western North Carolina.

·     Modernize outdated federal standards that slow down development and inflate costs. By aligning regulations with today’s construction practices, the bill makes it easier and more affordable to build quality housing. 

·     Support innovation in housing, including manufactured and factory-built homes, which offer faster, more affordable solutions for families and communities facing supply shortages.

·     Give states and local governments more flexibility to address housing challenges in ways that reflect their specific needs, rather than relying on one-size-fits-all mandates from Washington.

·     Improve access to affordable homeownership by expanding financing options for small-dollar mortgages and manufactured homes—key tools to help working families and first-time buyers.

 ·     Increase transparency and oversight in federal housing programs to ensure resources are used effectively and families are protected from bad actors.

·     Strengthen protections for veterans and vulnerable households by reinforcing the integrity of housing programs and ensuring safe, stable living environments.

Read more from the House Committee on Financial Services HERE.