Key Housing Reforms in the Bill 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. Additional measures modernize financing for small-dollar mortgages and enhance community bank involvement in lending.
