Image: PBS NewsHourHouse gives final approval to landmark housing bill aimed at lowering costs
• The House of Representatives has given final approval to a landmark housing bill designed to increase the housing supply and lower costs. • The legislation provides funding to convert abandoned infrastructure into residential spaces and creates a framework for reforming outdated zoning regulations that currently limit large-scale developments. • Key provisions include raising financing limits for public housing renovations and codifying a recovery program to expedite funding for communities rebuilding after disasters.
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