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How Bipartisan Federal Housing Affordability Legislation Would Help
Congress recently passed the 21st Century ROAD to Housing Act with broad bipartisan support—the most significant federal effort in decades to boost housing affordability.
It's great news. And it couldn't have come at a better time. Why?
Restrictive regulations, lengthy approval processes, and financing barriers have helped to create a shortage of 4 million to 7 million homes, drive up rents, and put homeownership out of reach for many Americans.
As Pew's Tara Roche explains, "While prices won't drop overnight, this is a huge step in the right direction—and could lead to more affordability for millions of families across the United States."
Watch as Tara breaks down a few specifics on how the 21st Century ROAD to Housing Act could help.
