Housing advocates cheered when the legislation became law last month, albeit without a presidential signature. The bipartisan legislation promises sweeping regulatory reforms and funding incentives designed to increase housing development that experts say the nation sorely needs. Of the 124 implementation actions detailed in the bill, HUD is responsible for 88, or 71%, according to the study. Within the first year of the law’s enactment, Congress directed agencies to achieve 58 of the 124 actions, or 47%, according to the analysis. During the previous administration, HUD completed four major rules per year, per the analysis.