CREFC Supports House Amendment to Enhance Housing Supply and Affordability
CREFC Statement on Passage of House Amendment to the 21st Century ROAD to Housing Act (H.R. 6644)
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The CRE Finance Council (CREFC) commends Congress for advancing H.R. 6644, which aims to expand housing supply and improve affordability. The revised bill reflects a more targeted approach to investment regulations, focusing on protecting the flow of capital necessary for housing development while addressing concerns about federal overreach.
- 01CREFC emphasizes the importance of encouraging investment in both new and existing housing to meet supply and affordability goals.
- 02The House revisions to H.R. 6644 aim to refine investment regulations without disrupting housing finance.
- 03CREFC advocates for specific revisions to Section 1001, including restrictions on large institutional investors acquiring single-family homes.
- 04The bill seeks to exclude multifamily rentals from the definition of single-family homes, ensuring build-to-rent models are not affected.
- 05CREFC has over 400 member companies representing the $6 trillion commercial real estate finance industry.
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On May 20, 2026, the CRE Finance Council (CREFC) expressed support for the recent bipartisan House amendment to the 21st Century ROAD to Housing Act (H.R. 6644). This legislation is designed to expand housing supply and improve affordability, which CREFC believes is best achieved through policies that promote investment in housing while avoiding excessive federal regulations. The Council appreciates the revisions made to the bill, which aim to create a more focused regulatory framework that protects the necessary flow of debt and equity capital for housing development. CREFC is particularly concerned about broad federal regulations that could hinder investment and has suggested targeted changes to Section 1001. These include limiting restrictions on large institutional investors purchasing single-family homes and ensuring that multifamily rental properties are not adversely affected. With over 400 member firms in the commercial real estate finance sector, CREFC is committed to collaborating with lawmakers to ensure the legislation effectively addresses America's housing challenges.
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The revisions to H.R. 6644 could facilitate increased investment in housing, potentially leading to more affordable housing options for individuals and families.
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