Home Politics Republican lawmakers say

Republican lawmakers say

3
0

NewYou can listen to Fox News articles now!

Exclusive: One of the Republicans’ most determined advocates for housing affordability is to call the president Donald Trump’s Rumors say emergency orders on the issue are “game-changing.”

Mike Flood, Chairman of the House Avenue Caucus, R-Neb. , he also chaired the Housing and Insurance Subcommittee on the Housing and Insurance Commission’s Committee, told Fox News Digital that he hopes Trump ultimately follows an emergency declared for housing affordability.

“When you have housing shortages and supply issues, it raises the valuation, which raises your property taxes because your valuation goes up. If there is some kind of claim, your home will be worth more because your home will be more expensive.”

“So the president puts his thumb on scale and says housing is in a crisis situation, which is an emergency – changing the whole conversation.”

House moves to expose Epstein’s archives, authorizes overseeing investigations

President Donald Trump left the White House in Washington on September 7, 2025 to address reporters. (AP Photo/Jose Luis Magana)

Housing and Urban Development (HUD) secretary Scott Turner told Fox Business Tuesday that the issue is ongoing but refused to make any firm statement before Trump.

“These discussions are not only from the perspective of emergency statements, but to reduce costs and increase supply, what should we do,” Turner said.

House Price It’s skyrocketing In recent years, more than wages have increased and small houses were built, once considered the “appetizer” for young families of millions of Americans.

Zoning restrictions, high construction costs, regulatory issues and insufficient new construction are all called the causes of the current crisis.

Additionally, under new tariffs on materials such as steel, aluminum and wood, it is expected to add about $10,900 to the cost of building a new single-family home. National Association of Housing Builders.

Mike Flood

Rep. Mike Flood is the chairman of the subcommittee on Housing and Insurance, which is part of the House Financial Services Committee. (Getty Image)

“The most notable thing is that this will require the federal government, state government and municipal authorities to address this issue,” Hongshui said.

He added that his group is also developing bipartisan legislation that is expected to carry out housing in October or November More affordable National.

“We have been working on the subcommittee and financial services and I think we will take a few steps and hope to mark it later in November, November, late November,” Hongshui said. “But the president comes in and makes it a priority is the reason to push it to Lightspeed across the entire finish line.”

“I really think we can do some work by next June,” he added.

Republican governor nominee to re-dividend into only home in Oster state dem

Scott Turner

Scott Turner was the secretary of the HUD before his confirmation vote. (Getty Image)

Click here to get the Fox News app

The flood also stressed that housing affordability is a key election issue for Americans.

“We have seen 20% inflation since 2020, home insurance premiums are more expensive and mortgage rates are higher,” said Hongshui.

“As the president doubles down on one issue that I’m very passionate about, I think it will resonate with Americans because that’s what people are talking about.”

Kevin Gora of Fox Business contributed to the report.

Source link