
"Congress is finalizing a package of bills some national housing experts say are among the most significant reforms to come out of the federal government in decades. The proposed bills attack the country's housing shortage at multiple angles: from innovating construction methods to simplifying federal programs to encouraging localities to plan for more housing."
"Local housing activists say Congress' bills are unlikely to result in big changes here, but that some could support California's goal of building 2.5 million homes by 2030 by jumpstarting construction innovation and further streamlining existing laws. 'The federal government could be doing a lot more to really put the pedal to the metal, but this is a good first step,' said Laura Foote, executive director of YIMBY Action."
"Both the House and Senate have been working on bipartisan bill packages since last year, which were consolidated earlier this month into the 21st Century ROAD to Housing Act. Last week, the Senate approved the package, but House leaders have called for a conference to discuss changes to the bill."
Congress is advancing a comprehensive housing reform package called the 21st Century ROAD to Housing Act, addressing the nation's housing crisis that mirrors California's challenges. The bipartisan bills tackle housing shortages through multiple strategies: innovating construction methods, simplifying federal programs, and encouraging localities to increase housing development. California aims to build 2.5 million homes by 2030, and housing activists believe these federal reforms could support this goal by accelerating construction innovation and streamlining existing regulations. The Senate approved the package, though House leaders requested a conference to discuss modifications. A contentious provision limits large institutional investors from purchasing single-family homes, a measure President Trump requested. Trump also announced executive orders addressing both housing supply and demand.
#federal-housing-reform #housing-crisis #construction-innovation #institutional-investor-restrictions #california-housing-policy
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