What the ROAD to Housing Act means for Chicago

Developers in the Chicago area are optimistic about a new sweeping federal law that aims to increase housing supply and affordability, but advocates say the legislation doesn't address the most pressing needs — that of low-income renters. The 21st Century ROAD to Housing Act became law July 11, after President Donald Trump refused to sign the bill despite overwhelming bipartisan support. The bill, touted by experts and leaders as the most significant housing legislation passed in decades,…