U.S. Sen. Ruben Gallego, D-Ariz., is co-sponsoring the bipartisan Housing Affordability Act, which seeks to expand the supply of affordable housing by raising loan limits for multifamily developments.
“We need to make building homes easier and cheaper,” Gallego said. “By updating a nearly two-decade-old loan limit, the Housing Affordability Act will expand access to affordable loans for building multifamily housing and ultimately bring down housing costs.”
