MarketPR
The 21st Century ROAD to Housing Act became law without President Donald Trump's signature, after the president held the legislation for more than two weeks before the signing window closed.
Described as the biggest housing bill in more than 30 years, the law builds federal incentives for local housing construction, clears outdated permitting rules, cuts costs for manufactured housing, and bars private equity from buying single-family homes.
Senator Elizabeth Warren is pressing Congress to act next on credit card interest rates, grocery pricing, and health care consolidation.
What the new law covers Federal incentives for community-level building sit at the center of the legislation. The bill removes rules that had slowed construction timelines and addresses the cost of manufactured housing.
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