00:00Imagine turning your garage into a cozy rental unit and getting help from the government
00:04to make it happen.
00:05That's the idea behind a new bill in Congress called the Supply Act.
00:09The bill would let homeowners take out a second mortgage backed by the government to build
00:13accessory dwelling units, or ADUs, on their property.
00:16Think basement apartments, backyard cottages, or in-law suites.
00:20Why?
00:21Because the U.S. is short over 4 million homes.
00:23It's like musical chairs with housing.
00:25Too many people, not enough places to live.
00:27Lawmakers say this could boost housing supply, help families earn rental income, and make
00:32homeownership more affordable.
00:33Right now, only wealthier homeowners can afford to build ADUs using savings or home equity.
00:38This bill aims to change that by making financing more accessible.
00:42If passed, homeowners could build the code, rent out the space, and use the income to pay
00:46off both mortgages.
00:48But what do you think?
00:49Let us know in the comments and follow us here for more.
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