BiggerPockets Daily A New Bill in Congress Could Have Huge Impacts on the Housing Market
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Apr 16, 2025 A new bipartisan bill could drastically change zoning laws across the country. This initiative aims to help local governments modernize their land-use policies, potentially unlocking millions of new homes. It tackles the pressing housing shortage by easing restrictions for construction. The podcast also highlights the contrasting perspectives of YIMBY and NIMBY movements and discusses how these reforms could create exciting investment opportunities in the real estate market.
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Federal Playbook for Zoning Reform
- The Housing Supply Frameworks Act offers a federal playbook for communities to revise restrictive zoning on their own terms.
- It empowers municipalities via HUD to modernize land use policies without federal mandates.
Zoning as Housing Barrier
- Restrictive zoning like single-family-only rules significantly limit housing construction in opportunity-rich areas.
- These zoning laws are now cited as a primary obstacle to increasing the housing supply nationwide.
Modernize Ordinances and Permitting
- Communities should use frameworks to reevaluate and modernize local ordinances such as ADUs and mixed-use zoning.
- Streamlining permitting processes is crucial to expanding housing supply and reducing construction delays.