Housing Proposal Found Inside Major Crypto Bill Moving Through Congress
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A major crypto bill moving through Congress unexpectedly contains a housing initiative called the 'Build Now Act' on pages 300–309 that would use federal incentives to increase housing construction in major U.S. cities and counties. The package also advances the Clarity Act to define crypto rules and stablecoin policy, which could improve regulatory clarity for crypto, DeFi and exchanges but the mixed inclusion of unrelated housing measures complicates legislative prospects and market impact.
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- Eleanor Terrett flags a housing plan inside a major U.S. crypto bill in Congress.
- The “Build Now Act” aims to boost housing supply in major cities using federal incentives.
- The Clarity Act also moves forward, defining crypto rules and stablecoin policy.
Crypto journalist Eleanor Terrett has drawn attention to a surprising section in a major crypto bill currently moving through Congress.
In a post on X, Terrett said a housing proposal was included in the crypto legislation. She pointed to pages 300–309 of the bill, which contain a section called the “Build Now Act.”
The proposal focuses on increasing housing construction in major U.S. cities and urban counties through a federal incentive program.
Housing Plan Targets City Development
According to the bill text shared by Terrett, the program would apply to cities and counties that already receive f…
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