Larson Votes for Comprehensive, Bipartisan Plan to Expand Access to Affordable Housing and Homeownership Opportunities

May 20, 2026 Press Release Washington, D.C. - Today, Rep. John B. Larson (CT-01) voted for the bipartisan 21 st Century ROAD to Housing Act to increase the supply of housing nationwide, expanding access to affordable housing and homeownership for hardworking American families. “Growing up in Mayberry Village in East Hartford, my parents worked hard to afford and eventually own their home,” said Larson . “Unfortunately, today, as interest rates continue to skyrocket and the cost of living rises, the dream of homeownership feels increasingly out of reach for our nation’s young people, especially as residents are even getting priced out of their rentals. We should be making it easier for families to realize the dream of homeownership, allowing them to plant roots in their communities and contribute to local economy. The 21 st Century ROAD to Housing Act is a critical first step that I am proud to support. This bill will spur rapid housing construction and expand access to affordable housing and homeownership opportunities, while putting real protections in place to protect renters from greedy, corporate landlords. I will continue to focus on common-sense solutions to build more homes and bring down costs, including a Renter Tax Credit and new incentives to power the housing boom our nation needs.” Among many bipartisan reforms to build more housing and drive down costs, the 21 st Century Road to Housing Act: Provides grants to local governments for the development of pre-reviewed construction plans that comply with zoning rules, and developing guidance to help communities clear regulatory barriers and build housing quickly Streamlines the review process for federally supported housing, including home construction, rehabilitation, and development Increases the Federal Housing Administration’s (FHA) outdated multifamily loan limits and expanding access to FHA-backed mortgages under $100,000 Allows Community Development Block Grant (CDBG) funding to be used for the construction of new, affordable housing and increasing the cap on community investments by banks, including affordable housing projects, from 15% to 20% Excludes veterans’ disability benefits from income eligibility calculations for the HUD-Veterans Affairs Supportive Housing (VASH) program and CDBG assistance A full summary of the House-passed 21 st Century ROAD to Housing Act is available HERE . In February, Larson voted for the original House version of this bipartisan bill. Last year, Rep. Larson introduced the Neighborhood Homes Investment A ct to spur the development of 500,000 affordable single-family homes over the next decade, and the Revitalizing Downtowns and Main Streets Act to incentivize the conversion of existing vacant and underutilized office buildings in cities like Hartford into new housing He also joined a group of his Democratic colleagues to introduce the American Affordability Act , which would create the first-ever monthly Renter Tax Credit and a First-Time Homebuyer Tax Credit to help low- and middle-income earners. Issues : Affordability and the Economy Housing