CITYBUILDER Brief: House Passes ROAD to Housing Act 396-13
Also: Raleigh places housing bond on Nov ballot. Join ADU Tour June 6.
On the National Radar:
House Passes Improved ROAD To Housing Act 396-13
Back again: Last week, the House voted to pass the improved ROAD to Housing Act, notably stripped of its previous anti-Build-to-Rent provisions that would have eliminated ~10% of the nation’s yearly housing stock increase (that’s about 70,000 homes).
Senate rematch: Now the amended bill heads to the Senate. Suggesting that further negotiations lie ahead, Senators Tim Scott and Elizabeth Warren said in a joint statement: “There’s still work to be done and we are committed to continuing to work with the White House and our colleagues in the House on a housing bill that can pass the Senate and get to the President’s desk.”
