Saving the American Dream Act: A New Path Forward for Housing Policy
- Yvonne Yang
- Sep 17
- 2 min read
The housing affordability crisis affects millions of Americans, and lawmakers are now working together to find solutions. A new bipartisan bill—the Saving the American Dream Act—has been introduced to help the federal government coordinate better on housing policy and data.
What the Bill Does
The bill, introduced by Representatives Mark Alford (R-MO), Lou Correa (D-CA), Tracey Mann (R-KS), and Brittany Pettersen (D-CO), focuses on:
Breaking down barriers between federal agencies so they can work together on housing policy.
Improving housing data and research by requiring key agencies like the Department of Housing and Urban Development (HUD) and the Department of the Treasury to share information.
Making policymaking smarter by using accurate, unified data instead of fragmented research from different sources.
Why It Matters
One of the biggest problems in housing policy is that data is spread across many different departments, often leading to duplication and inefficiencies. Without a complete picture, programs can miss the mark.
This bill doesn’t add new spending—it instead focuses on better information and coordination, so future housing programs are designed with more accuracy, flexibility, and measurable results.
The Bigger Picture: Housing Affordability
Homeownership remains out of reach for many families due to:
High construction costs
Regulatory barriers
Rising insurance and mortgage costs
By streamlining how federal agencies share data and collaborate, the Saving the American Dream Act aims to create smarter solutions that address these challenges head-on.
Support from the Housing Industry
The bill has already gained strong support across the real estate and housing community. Organizations like the National Association of REALTORS® (NAR), the National Association of Home Builders, the Mortgage Bankers Association, and the National Apartment Association have all backed it.
NAR’s Chief Advocacy Officer, Shannon McGahn, explains:
“This legislation is a vital step toward improving housing policy. By ensuring federal agencies coordinate and share housing research and market data, we can promote evidence-based policymaking and deliver better outcomes for families and communities.”
What’s Next
The bill is still in the early stages, but its introduction is seen as an encouraging step toward bipartisan solutions in housing policy. As it moves forward, the housing industry will be watching closely to see how it shapes future programs that impact affordability and accessibility.
Bottom Line
Housing policy is changing, but your goals are what matter most. Big-picture updates like the Saving the American Dream Act may shape the future, but your next move starts right here. As your local real estate advisor, I’m here to guide you through today’s market and help you take the next step with confidence. Let’s connect!
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