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flag The U.S. House passed a bipartisan bill to increase housing supply and affordability by streamlining regulations and updating federal programs.

flag The U.S. House of Representatives passed the bipartisan Housing for the 21st Century Act 390-9, aiming to boost housing supply and affordability by reducing regulatory barriers, streamlining permitting, and updating federal housing programs. flag The legislation, backed by both parties and industry groups, includes measures to modernize building codes, expand financing for affordable and rural housing, and incentivize local zoning reforms. flag It now moves to the Senate, where negotiations are expected, particularly on funding and provisions like tax incentives for development in distressed areas. flag While the bill reflects rare congressional consensus, its final form remains uncertain.

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