Landmark Housing Bill Clears Congress
Congress passed landmark housing affordability legislation Tuesday, advancing one of the most significant federal housing packages in nearly two decades.
The 21st Century ROAD to Housing Act moved forward on a House vote of 358-32. It now heads to President Trump, who is expected to soon sign the measure into law. The legislation comes at a critical time for the housing market. After more than a decade of underbuilding, NAR estimates the United States faces a housing shortage of approximately 4.7 million homes.
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