The Senate’s passage of the One Big Beautiful Bill Act is anticipated to stimulate economic growth by enabling investments in multifamily rental construction, land development for single-family homes, and new equipment for business expansion. This legislation is expected to improve the business environment, allowing builders to increase housing supply and address the nation’s housing affordability challenges. Buddy Hughes, chairman of the National Association of Home Builders (NAHB) and a home builder from Lexington, N.C., praised the Senate’s decision and urged the House to act swiftly on the bill.
