How housing affordability can be achieved at the state and local level
Summary
The 21st Century Road to Housing Act was passed with support from both political parties. It aims to improve housing affordability by limiting some practices of Wall Street investors and encouraging professional housing providers to build more homes.Key Facts
- The bill is called the 21st Century Road to Housing Act.
- It has bipartisan support, meaning both major political parties agree on it.
- The law seeks to balance restrictions on Wall Street investors involved in housing.
- It also provides incentives for professional housing providers.
- The goal is to increase the supply of affordable housing.
- Former Senator Jon Tester praised the act for achieving this balance.
- The focus is on state and local levels for improving housing affordability.
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