Landmark federal housing law tries new ways to boost local building

The 21st Century ROAD to Housing Act is reshaping federal housing policy with measures aimed at increasing local building and making homeownership more attainable. The new law restricts certain institutional investors from purchasing homes and simplifies rules for manufactured housing, hoping to spur local construction and reduce housing costs. This legislation is a significant step forward in addressing the ongoing housing crisis, demonstrating a bipartisan commitment to making housing more accessible and affordable for many Americans.