CREFC Supports House Financial Services Markup on Housing Supply 

December 16, 2025

Today and tomorrow, the House Financial Services Committee will conduct a two-day markup of various bills, including bipartisan housing supply legislation.

Why it matters: The Senate previously passed its own bipartisan housing legislation, but Republican House leaders rejected the bill as part of the National Defense Authorization Act (NDAA). 

  • Last week Financial Services Committee Chairman French Hill (R-AR) and Ranking Member Maxine Waters (D-CA) introduced the Housing for the 21st Century Act, which packages together dozens of bipartisan housing bills focused on supply. 

What they’re saying: The bipartisan House legislation on housing supply highlights the broad concerns on housing affordability and how boosting supply is essential. 

Go deeper: The Housing for the 21st Century Act focuses on boosting housing supply by reducing burdensome regulation, incentivizing local reforms that allow for greater housing production, and modernizes standards for housing production and support. 

  • Click here for the text of the bill. Click here for a one-pager. Click here for a section-by-section.
  • Click here for our coverage of last week’s housing markup, which covered many of bills included in the new legislation. 

What’s next: After the markup, the full House will likely consider the housing package in early 2026 as part of a continued focus on affordability. 

Contact David McCarthy (dmccarthy@crefc.org) with questions.

Contact 

David McCarthy
Managing Director,
Chief Lobbyist, Head of Legislative Affairs
202.448.0855
dmccarthy@crefc.org
The information provided herein is general in nature and for educational purposes only. CRE Finance Council makes no representations as to the accuracy, completeness, timeliness, validity, usefulness, or suitability of the information provided. The information should not be relied upon or interpreted as legal, financial, tax, accounting, investment, commercial or other advice, and CRE Finance Council disclaims all liability for any such reliance. © 2025 CRE Finance Council. All rights reserved.

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