H.R. 855, also known as the “Housing Innovation Act,” proposes the establishment of an Office of Housing Innovation within the Department of Housing and Urban Development. This office would explore new strategies to increase and diversify housing supply, addressing challenges...
Simple Explanation
The Housing Innovation Act wants to set up a special new team to come up with smart ideas to make sure there are enough homes for everyone and that these homes are affordable. They're going to spend a lot of money to help towns plan and try new things so people can find places to live without it costing too much.