The bipartisan legislation was crafted in both chambers and must now pass the House. It seeks to build more homes and prevent large investors from outbidding families.
A sweeping housing bill sailed through the Senate on Monday and is expected to move quickly in the House early this week, potentially giving both parties a win on the issue of lowering home costs. The Senate passed the bill with overwhelming bipartisan support, 85-5.
WASHINGTON -- The House gave final approval Tuesday to a broad bipartisan bill aimed at lowering the cost of housing, with lawmakers in both parties eager to show progress on affordability issues ahead of this year's midterm elections.
The House has given final approval to a broad bipartisan bill aimed at lowering the cost of housing, with lawmakers in both parties eager to show progress on affordability issues ahead of this year's midterm elections.
With rare bipartisan support, the House passed a housing bill Tuesday evening that aims to address the shortage of affordable homes in the U.S. Why it matters: The bill, the Road to Housing Act , shows that the housing crisis is something both parties actually agree needs to be addressed, even as it…
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House gives final approval to bipartisan housing bill aimed at lowering costs | Since Then
