Representative Mike Flood praises new housing act

LINCOLN, Neb. (KLKN) — Rep. Mike Flood, Chairman of the Housing and Insurance Subcommittee, praised and introduced several provisions to the 21st Century ROAD to Housing Act before in came into law on July 11.

Flood said the housing law will lower housing costs for Americans.

“I am thrilled that the ’21st Century ROAD to Housing Act’ is now officially law,” said Flood. “While the journey was long and, at times, delicate, we arrived at the right outcome with a meaningful bipartisan housing bill that slashes red tape, lowers housing costs, and helps put the American dream of homeownership within reach for more hardworking families. Simply put: This is legislation that the American people can be proud of.”

Flood emphasized the importance of a home and said the act will help create that.

The 21st Century ROAD to Housing Act is a comprehensive federal law. It is said to aid the housing crisis occurring in America.

Flood said this law will help build more homes, streamline processes, lower construction costs and improve federal housing assistance.