Chairwoman Maxine Waters (D-CA) held a markup for several housing-related bills. The House Financial Services Committee offered amendments to bills that will move forward once approved by a committee vote. Chair Waters opened the markup, saying, “The bills we are marking up today will benefit working families all across this country… by reducing the cost of housing…”
Two bills, the “Housing Temperature Safety Act of 2022” and the “Public and Federally Assisted Housing Fire Safety Act of 2022,” address the issue of fire safety in federal housing. The members who introduced the bills both represent cities where tragic fires occurred earlier this year – Philadelphia and the Bronx in New York City. After hearing comments from the bill sponsors, the committee voted to pass both bills.
The committee considered three other housing bills, including:
- HR 68, the “Housing Fairness Act of 2021” (Passed 28-24)
- HR 3111, the “Grandfamily Housing Act of 2021” (Passed 29-24)
- HR 4495, the “Downpayment Toward Equity Act of 2021” (28-23)
The bills would provide additional funding for fairness in homeownership and housing support for grandparents raising children. Committee members expressed greater disagreement on these bills. Republican members said they would not vote for additional funding until inflation subsides, while Democrat members said the bills address long-standing issues that deserve timely action. The committee voted to pass all three bills along party lines.
In addition to housing, the committee heard bills related to the banking industry and small businesses. The full markup and all bill texts are available on the House Financial Services Committee website.