WASHINGTON, D.C. – Marisa Calderon, President and CEO of Prosperity Now, released the following statement following the announcement to delay the signing of the bipartisan 21st Century ROAD to Housing Act:

“The bipartisan progress on the 21st Century ROAD to Housing Act is an encouraging step for families and communities facing one of the most urgent financial pressures in the country.

Today, the United States is short more than 7 million affordable and available rental homes for extremely low-income renters. For every 100 of these households, only 35 affordable and available homes exist. That is not an abstraction. It shows up in family budgets, longer commutes, delayed savings, missed opportunities, and impossible choices between rent, food, childcare, and health care.

This legislation will not solve the housing crisis on its own, but it can help communities move faster on supply, financing, manufactured housing, and local development barriers.

Now is the time to keep that momentum moving. Families have waited long enough. We encourage leaders to finish the job so communities can begin putting these tools to work.”