YOUNG, ROSEN INTRODUCE BILL TO BOOST HOUSING SUPPLY, LOWER COSTS BY SUPPORTING HOUSING SMALL BUSINESSES

WASHINGTON, March 30 -- Senator Todd Young issued the following press release:

U.S. Senators Todd Young (R-Ind.) and Jacky Rosen (D-Nev.) introduced a bill to boost housing supply and lower housing costs by supporting small businesses in the housing industry.

The Boosting Housing Supply through Small Business Act would require the Small Business Administration and the U.S. Department of Housing and Urban Development to create an interagency plan to identify gaps in assistance and opportunities to streamline counseling and lending to housing small businesses, such as homebuilders, contractors, and home improvement and repair businesses.

"We need to find innovative ways to increase the number of affordable homes in Indiana and across the c...