Landmark federal housing law tries new ways to boost local building

The new 21st Century ROAD to Housing Act aims to revolutionize federal housing policy by curbing investments from some institutional players and streamlining rules for manufactured housing, which could spur local construction and make homes more affordable. This marks a significant bipartisan effort to address housing shortages and make homeownership more attainable. With housing costs on the rise, these changes could have far-reaching implications for both the housing market and the broader economy, potentially alleviating some of the pressures on local housing markets.