Insight
Many of the ROAD Act's new programs require funding approval from Congress, a process that is typically painstaking and contentious, with many programs potentially unfunded until fiscal year 2028 at the earliest.
Putting the ROAD Act into action faces a funding and HUD gauntlet
Summary
The "Putting the ROAD Act into action" faces significant funding and HUD implementation delays. New programs require Congressional approval, with many not funded until FY2028. HUD's 70% workload increase and 34% staff decrease could push rule finalization to 2028+, impacting housing supply.
Key takeaway