WASHINGTON, DC (May 21, 2026) |
The Defense Credit Union Council (DCUC) issued the following statement following House passage of the 21st Century ROAD to Housing Act and ongoing congressional efforts to address housing affordability and access nationwide:
“DCUC appreciates Congress’s continued focus on advancing housing solutions for American families and recognizes the inclusion of credit union board modernization provisions within the 21st Century ROAD to Housing Act as a positive step toward improving operational flexibility for federally insured credit unions,” says Anthony Hernandez, DCUC President/CEO, Ret. U.S. Air Force Colonel. “As lawmakers continue refining housing and financial services policy, we encourage Congress to work closely with credit unions and industry stakeholders on additional meaningful reforms that would further strengthen credit unions’ ability to support homeownership and financial stability for their members.”
DCUC noted that reforms such as loan maturity modernization, veteran member business lending (VMBL) improvements, and Central Liquidity Facility (CLF) enhancements and modernization remain important priorities for credit unions serving members nationwide.
“Credit unions play a critical role in expanding access to affordable financial services and supporting long-term financial readiness,” adds Jason Stverak, DCUC Chief Advocacy Officer. “Thoughtful, targeted reforms can help ensure these community-based institutions have the tools necessary to continue meeting the evolving housing and lending needs of their members.”