Senior Spotlight: Meet The Largest Housing Package Signed Into Law In Decades
Resources to learn about the 21st Century ROAD to Housing Act.
Historic housing legislation has made headlines this week as the 21st Century Road to Housing Act has become law. Being called one of the most significant and largest changes to US housing legislation in a decade or more – this law includes 50 individual measures designed to increase housing supply, improve affordability, expand access to homeownership, strengthen housing finance and support veterans.
While we could never outline and explain all 50 measures in one blog, we do want to direct you to some articles that may increase your understanding of what the law aims to do and what the impacts could be. We’ll keep you posted as more information becomes available!
Articles to learn more about the 21st Century ROAD to Housing Act – now law!
AARP: Sweeping Housing Bill Becomes Law as Older Americans Struggle With Affordability Crisis
REALTOR.com®: After 21 Months of Advocacy, NAR Leaders Help Deliver Landmark Housing Law
TIME Magazine: What to Know About the Landmark Housing Bill Congress Just Passed
McKnights Senior Living: Senior Living Industry Scores Advocacy Win In New Housing Law
Many of the provisions of the new law offer hope to seniors, as AARP explains that many of these changes “target legal barriers, financing gaps and rising costs that are pushing many out of their homes.” Critical legislative areas aim to support disaster recovery, seniors living in rural areas, housing supply issues, affordable housing development/inventory and home repair assistance for older adults.
While we all know that change does not happen overnight and that there will always be paths to navigate, the hope is that the years of work, shared priorities and bipartisan support offer a foundation for steps in the right direction and continued momentum in the American Dream.
Cheers to change & collaboration,
Bobbi
Bobbi Decker
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Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
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Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/
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