The House has introduced an NAHB-supported amendment to major housing legislation that would bring greater certainty to the housing market and increase the supply of attainable housing. The House amendment to the 21st Century ROAD to Housing Act that was spearheaded by House Financial Services Chairman French Hill and Ranking Member Maxine Waters makes three key improvements: Removes the forced sale of purpose-built single-family homes. …Increases and indexes multifamily loan limits. FHA-insured multifamily loan limits have remained static for 12 years and do not reflect market conditions. …Provides meaningful relief to community banks.

The amended legislation includes several additional measures to help increase housing production: HOME program reforms. Point-access buildings. …Publicly owned land database. ….[and] USDA infill environmental review exemption.  The House plans to vote on this amended package to the 21st Century ROAD to Housing Act as soon as the week of May 18.