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New Housing Law Hits Key Milestones | Birmingham News
A new housing law, the 21st Century ROAD to Housing Act, just kicked in without the president’s signature—automatically after ten days. It caps big investors at 350 single-family homes (with exceptions for rental projects), redefines manufactured homes to slash costs by $5K–$10K, and launches a 4-year program for first-time buyers with mortgages under $100K, offering lender subsidies and buyer grants. Experts warn: prices won’t drop overnight. With median U.S. home prices at $446K and climbing for 36 months, this is a hopeful—but patient-required—step toward affordability. Listen in…
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