Some of the cities that have the most units under construction right now—such as Los Angeles, for example,—do not have a big chunk in the planning stages.
The legislation, which still must work its way through Congress and could change, maintains many of the existing provisions that benefit the commercial real estate industry.
Images of the Framework building, the first high-rise building in the U.S. constructed out of mass timber materials, provided by Lever Architecture and KPFF Consulting Engineers.