New bipartisan housing package targets supply, limits new federal spending
U.S. Sens. Tim Scott (R-SC) and Elizabeth Warren (D-MA) released the text of their legislative housing package, the 21st Century ROAD to Housing Act. The ROAD to Housing Act is built around four core pillars: Cutting red tape, Unlocking housing supply, Lowering costs for families, and Including no new mandatory federal spending. The bill streamlines environmental reviews, modernizes manufactured housing rules, unlocks private investment, updates multifamily financing tools, s...
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