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Congress passes sweeping housing affordability bill to boost supply and reform zoning

By

Samantha Delouya

14d ago· 7 min readenNews

Summary

Congress has passed a landmark housing affordability bill with overwhelming bipartisan support, sending it to President Trump for signature. The legislation is described as the most sweeping federal housing package in a generation, primarily addressing the housing crisis by encouraging more housing supply — including manufactured homes — and incentivizing local governments to reform zoning and permitting restrictions. The bill also includes a first-of-its-kind limit on private equity involvement in housing.

Source

bskyCongress passes sweeping housing affordability bill to boost supply and reform zoningcnn.com

Key quotes

· 3 pulled
A landmark housing affordability bill is headed to President Donald Trump's desk after winning overwhelming support in Congress this week, setting the stage for the most sweeping federal housing package in a generation.
The bill aims to tackle America's housing affordability crisis primarily through encouraging more supply, including of manufactured homes; and through encouraging local governments to reform zoning and permitting restrictions.
The bill also includes a first-of-its-kind limit on private equity involvement in housing.
Snippet from the RSS feed
A landmark housing affordability bill is headed to President Donald Trump’s desk after winning overwhelming support in Congress this week, setting the stage for the most sweeping federal housing package in a generation.

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