Homebuilder Lobbying Pushes Housing Reform

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Banking, homebuilding, and government leaders urged Congress to expand housing reforms, saying the passed federal law missed barriers affecting Americans' ability to buy homes.
Large housing commitments from lenders and a rental platform highlighted financing interest, even as one banking executive said middle-income buyers were priced out.
That executive said a middle-income home needed $124K income after ~doubling in 5 yr, while 169 of 390 metros lacked enough supply.
Industry advocates said federal sourcing rules increase compliance demands, and a trade group estimated fees and related costs added $131K to building a new home.
Builders said local politics often shape project success, making public-private deals, timing, and cleaner deregulation important tools for developing communities more quickly.

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