Landmark federal housing law tries new ways to boost local building

The 21st Century ROAD to Housing Act is shaking up federal housing policy with an array of changes aimed at increasing local construction and making housing more accessible. It notably restricts certain investors from purchasing homes, which could help stabilize local housing markets. This shift is a major step forward in addressing the longstanding issues of housing affordability and availability, with bipartisan support underscoring its potential impact. The new law's innovative provisions could reshape how housing is developed and owned across the country.