WASHINGTON, July 6 -- Sen. Tim Kaine issued the following press release:
WASHINGTON, D.C. - U.S. Senators Mark R. Warner and Tim Kaine, a former fair housing attorney, (both D-VA) joined Senator Jack Reed (D-RI) and several colleagues in a letter urging the Office of Management and Budget (OMB) to unlock community development tools and promptly release $750 million in federal housing construction funds.
Earlier this month, Congress passed the bipartisan 21st Century ROAD to Housing Act to help build more housing, lower costs, streamline construction regulations, preserve affordable homes in rural areas, help reduce homelessness, and curb private equity's ability to buy up single-family homes and drive up housing prices.
The bill incorpor...