House passes bipartisan Road to Housing Act to address affordable housing shortage
By
Emily Peck
Summary
The House passed the bipartisan Road to Housing Act, a housing bill aimed at addressing the U.S. shortage of affordable homes by relaxing local regulations and encouraging building. The bill combines nearly 50 different measures from both parties, including a watered-down version of a measure initially meant to ban private equity firms from certain housing activities. While it demonstrates rare bipartisan agreement on the housing crisis, it is unlikely to provide much short-term relief for homebuyers.
Source
bskyHouse passes bipartisan Road to Housing Act to address affordable housing shortageaxios.comKey quotes
· 3 pulledThe bill, the Road to Housing Act, shows that the housing crisis is something both parties actually agree needs to be addressed, even as it is unlikely to bring much short-term relief for homebuyers.
There are nearly 50 different measures in the bill, which basically combines various housing proposals from both sides of the aisle.
It also contains a watered-down version of a measure initially meant to ban private equity firms from
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