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The Upward Mobility Act, sponsored in the House of Representatives by Rep. Blake Moore (R-UT) and in the Senate by Sen. John Husted (R-OH), would help address the welfare benefits cliffs by allowing up to five states to create pilot Upward Mobility grants with the goals of increasing employment among beneficiaries and reducing benefit cliffs.
There is a broad consensus amongst Americans across the country that housing is unaffordable. The median single-family home now costs five times the median household income, the age of the median first-time homebuyer is now 40, and the United States has a housing shortage of roughly six million homes nationwide. The housing situation is so dire that Congress has noticed and has proposed different reforms to combat the crisis.
Homeownership has become increasingly out of reach for many Americans. The median age of a first-time homebuyer is forty, home prices have increased by 150% since 2012, and the median single-family home now costs five times the median household income. The U.S. faces a housing shortage of approximately 4 to 8 million homes nationwide, driving up home prices and limiting inventory for young families.
Americans for Prosperity has worked to pass housing reforms in states across the country, cutting red tape and increasing housing options for all Americans. AFP’s Roadmap for: Housing Policy Reform report includes numerous policy solutions for reducing housing regulations, several of which are included in this package. Michiganders deserve housing they can afford. These reforms will help make that possible.
It’s widely known across the political spectrum that the United States currently faces a housing crisis. Nationwide, there is a shortage of roughly 6 million homes, home prices have increased by 150% since 2012, and the median single-family home costs five times the median household income. The median age of a first-time homebuyer is now 40, as homeownership remains out of reach for many Americans. Housing policy reforms are top of mind for many lawmakers nationwide, at local, state, and federal levels.
Throughout American history, opportunity, dignity, property rights, and homeownership have become key components of achieving the American Dream. Yet, over the past century, excessive government regulations have reduced property rights and made the American Dream harder to fulfill.
Housing affordability continues to be a top issue nationwide, and AFP looks forward to advancing free market solutions across the country to the housing crisis in 2026.
AFP thanks the Committee for their leadership and for holding a hearing on important policy and encourage Congress to act swiftly to remove federal regulatory barriers to housing affordability.
AFP is focused on enacting foundational housing reforms in all 50 states. Overly burdensome regulations related to housing, land use, and zoning make housing more costly and erect barriers to economic growth that inhibit opportunity and geographic mobility.
