House Passes Bipartisan Bill To Tackle America’s Housing Crisis

“America is in the middle of a full-blown affordable housing and homelessness crisis, and working families are burdened by skyrocketing rents and a housing market that is pushing homeownership further out of reach,” Waters said.

The bill streamlines federal permitting processes, exempts certain infill and redevelopment projects from lengthy environmental reviews under NEPA, and promotes innovative housing options like modular and manufactured homes.

It provides grants to local governments for planning and zoning reforms that encourage more construction, raises loan limits for multifamily housing to spur apartment development, and strengthens support for rural and veteran housing programs.