New Housing Bill Aims to Build More Homes

A major bipartisan housing bill, the ROAD to Housing Act, is poised for Senate approval, aiming to slash the national housing shortage by boosting construction and reviving vacant properties. It offers federal grants to incentivize local development, includes a pilot program to convert unused buildings into homes, and quietly loosens restrictions on large investors—keeping their cap at 350 units but removing the seven-year sell-off mandate that could have stifled new development. This bold move seeks to increase supply, stabilize prices, and make housing more attainable for everyday families. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f84429fa2c100c82