Housing for the 21st Century Act

Floor Speech

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Mr. NUNN of Iowa. Mr. Speaker, I thank Chairman Hill and the team here for a bipartisan bill that helps rural America have a successful pathway to housing in the 21st century.

My legislation includes the Rural Housing Service Reform Act, the most meaningful update to rural housing in decades.

Whether you are in Des Moines or Ottumwa, the number one expense Iowans are facing is housing. The American Dream of homeownership is starting to slip away.

In Iowa, renters spend 40 percent of their income just making sure they have a roof over their head, and the average home buyer is now in their mid-forties.

It doesn't have to be like this. This bipartisan legislation, led with my colleague Representative Cleaver, a Democrat from Missouri, makes commonsense changes to fix the housing programs that have been broken for far too long.

My bill means a young couple in Creston, Iowa, can buy their first home, and seniors in Osceola, Iowa, can stay in their communities.

This bill will help hundreds of thousands of Iowans and millions of Americans into homeownership and continued homeownership.

Let's restore the dream of homeownership for all of our country. This is a win for everyone. It is affordable. It is achievable. Let's get it done.

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