Freedom to Build Act Seeks to Reduce Housing Costs Through Regulatory Reform
· Texas Border Business
U.S. Representative Monica De La Cruz from Texas has introduced the Freedom to Build Act, aimed at reducing housing costs by eliminating what she calls the 'bureaucrat tax.' This hidden cost stems from regulatory delays in new home construction. The legislation proposes a voluntary 'Freedom to Build' designation for communities that implement regulatory reforms, allowing them to receive priority for HUD housing grants. De La Cruz argues that overregulation has made homeownership unaffordable for many Texas families. The bill has garnered support from several industry associations, emphasizing the need for modernized permitting processes to increase housing supply.
AI summary · Source: Texas Border Business →
