{"database": "press", "table": "releases", "rows": [["https://barr.house.gov/press-releases?ID=57D7B4D2-0937-40E6-9AD2-F3C81FFEC88A", "Barr Applauds President Trump and FHFA Director Bill Pulte for Ending Biden-era Regulations to Help Rural Homeowners", "2026-03-18", "2026", "2026-03", "Republican", "House", "KY", "Andy Barr", "B001282", "barr.house.gov", "barr", "https://barr.house.gov/press-releases", "scraper", "Washington, D.C.\u2014 U.S. Congressman Andy Barr (R-KY) applauded President Donald Trump and Federal Housing Finance Agency (FHFA) Director Bill Pulte for taking action to restore consumer choice in homeowners insurance policies\u2014an important step that will provide better access and affordability for homeowners, particularly in rural communities.\n\nThe move addresses a Biden-era policy that required federally backed mortgages to carry full replacement cost value (RCV) insurance, effectively banning actual cash value (ACV) policies for roofs that many homeowners rely on to keep premiums affordable. Reform of ACV for roofs has been a priority of the Kentucky Farm Bureau.\n\n\u201cPresident Trump and Director Bill Pulte are delivering real relief for homeowners, especially in rural communities where families are already dealing with rising housing and insurance costs,\u201d said Congressman Barr. \u201cThe Biden-era mandate forced homeowners into more expensive replacement cost policies instead of more affordable options that made sense. Restoring the ability to use actual cash value coverage for roofs will help keep insurance premiums manageable and protect access to homeownership.\u201d\n\n\u201cKentucky Farm Bureau applauds the Administration and FHFA Director Pulte for addressing this important issue that impacts Kentucky homeowners and future home buyers. We appreciate Congressman Barr\u2019s tireless efforts to advocate for one of KFB\u2019s key priorities. Allowing for the use of ACV on roofs in Kentucky will allow for more consumer choice in addressing their insurance needs,\u201d the Kentucky Farm Bureau said in a statement.\n\nBarr has been a leading advocate for fixing the policy. Last year, Barr sent a letter with House Financial Services Housing and Insurance Subcommittee Chairman Mike Flood to FHFA leadership raising concerns that the mandate would restrict consumer choice and impose unnecessary costs on homeowners.\n\n\u201cWe write to express serious concerns about the Government-Sponsored Enterprises (GSEs) prohibiting the acceptance of actual cash value (ACV) homeowners insurance policies for federally backed mortgages, something highlighted in guidance issued in February 2024,\u201d Barr wrote last year in his letter to Director Pulte. \u201cMandating RCV policies not only restricts consumer choice but also imposes significant cost burdens on families already facing steep affordability challenges in the housing market.\u201d\n\nBarr also noted that insurance policies\u2014including those with ACV components\u2014are already regulated and approved by state insurance departments, ensuring homeowners have access to quality coverage options.", 1, "2026-04-04T05:28:40Z", "2026-04-04T05:30:10Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://barr.house.gov/press-releases?ID=57D7B4D2-0937-40E6-9AD2-F3C81FFEC88A"], "units": {}, "query_ms": 2.1759429946541786, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}