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New Law Tackles Housing Affordability | Santa Fe News
Description
A new federal law, the 21st Century Road to Housing Act, is set to reshape the housing market by boosting affordability and curbing big investor dominance. It caps private equity and hedge fund purchases of single-family homes at 350 units, leveling the playing field for everyday buyers. The law also supports rural rentals and expands VA loan options for veterans, with bipartisan backing in Congress. While federal action is a major step, local zoning reforms remain critical to unlocking more housing nationwide.
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