Rep. Craig Introduces Bill to Address Housing Crisis
WASHINGTON, DC – Today, U.S. Representative Angie Craig introduced legislation to address the affordable housing crisis by enabling the federal government to better track and study housing loss across the country.
Rep. Craig’s Federal Inquiry into the Nature and Documentation (FIND) of Housing Loss Act would create a joint taskforce between the Secretary of Housing and Urban Development (HUD), the Director of the Census Bureau, the Federal Housing Finance Agency, the Department of Commerce and the Bureau of Consumer Financial Protection to conduct the National Housing Loss Report.
The taskforce would identify the types of and reasoning behind housing losses that have occurred in the U.S. since January 1, 2022. The report, which would be submitted to Congress within six months of the taskforce's creation, would include statistical data to help lawmakers craft federal housing policy.
The bill is cosponsored by Representatives Johnny Olszewski (MD-02), Sarah Elfreth (MD-03), Cleo Fields (LA-06), Sarah McBride (DE-AL), LaMonica McIver (NJ-10), Kevin Mullin (CA-15), Eleanor Holmes Norton (DC-AL), Brittany Petersen (CO-07), Shri Thanedar (MI-13) and Raja Krishnamoorthi (IL-08).
“In every corner of Minnesota, I hear from folks struggling to afford a home,” said Rep. Craig. “We’ve got to tackle the housing crisis head on and that starts with getting to the root of the problem. I’m proud to be introducing this common-sense bill alongside my colleagues that will force government agencies to take this crisis seriously and help us devise real solutions at the federal level to make housing more accessible for everyday Minnesotans.”
The bill is endorsed by housing advocates, as well as The National Association of REALTORS®.
###