A historic provision to help overcome NIMBY-opposition to new housing development was a highlight within Congress' $1.7 trillion bill to fund the federal government for the fiscal year ending Sept. 30, 2023.
Even better, it does not include several provisions objected to by National Multifamily Housing Council (NMHC) and National Apartment Association.
The annual federal spending bill funds several federal departments, agencies and programs that directly impact the multifamily industry, including HUD's multifamily program, Section 8 and more.
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