Will legislation that would revise federal housing programs to increase housing supply and affordability by expanding federal financing and grant authority for affordable housing and streamlining federal requirements that delay housing development become law before Jan 1, 2027?
If legislation that would revise federal housing programs to increase housing supply and affordability by expanding federal financing and grant authority for affordable housing and streamlining federal requirements that delay housing development has become law before Jan 1, 2027, then the market resolves to Yes.
Additional Conditions
An example of this is H.R. 6644 (119th) — Housing for the 21st Century Act.
The bill must pass the full chamber (not just committee) for House or Senate passage. For "become law" markets, the bill must be signed by the President or become law through veto override. Presidential pocket vetoes that expire resolve to No. Joint resolutions are treated as bills. Treaties require two-thirds Senate approval for passage. The market resolves based on the first occurrence of the specified milestone.