March 12, 2024
Today, U.S. Senator Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, introduced the Yes In God’s Back Yard (YIGBY) Act, legislation to support faith-based organizations and colleges wanting to build and preserve affordable housing on their land and reduce barriers to the development of this housing.
“Housing is too expensive and too hard to find in almost every community in America,” said Brown. “This is a common sense solution - families need more … Continue Reading
March 12, 2024
Nearly one year after the Senate Committee on Banking, Housing, and Urban Affairs held a similar hearing on housing legislation, Ranking Member Tim Scott (R-S.C.) today renewed his call for action on solutions to help more Americans access the American Dream of homeownership. Ranking Member Scott highlighted the challenges Americans face as a result of President Biden’s policies - including inflation, high interest rates, and burdensome regulations - that have made homeownership unaffordable and… Continue Reading
March 12, 2024
Today, U.S. Senator Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, delivered the following opening statement at today’s hearing entitled, “Examining Proposals to Address Housing Affordability, Availability, and Other Community Needs.”
Sen. Brown’s remarks, as prepared for delivery follow:
In every part of the country, everywhere you turn, housing is too expensive and families have too few housing options.
High interest rates are pushing homeowne… Continue Reading
March 12, 2024
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