Congress passes landmark bipartisan housing affordability bill to boost home supply
By
Stephan Bisaha
Summary
Congress has passed the 21st Century Road to Housing Act, the largest housing affordability bill in decades, with overwhelming bipartisan support (358-32 in the House). The legislation aims to bring down housing costs by boosting the supply of homes. It now heads to President Trump for signature.
Source
Key quotes
· 3 pulledIf there's room for agreement on anything in Washington, it's that lawmakers need to do something to make homeownership more affordable.
On Tuesday, legislators on both sides of the aisle clinched the final vote in the House to pass the largest piece of housing legislation in decades.
The bill, called the 21st Century Road to Housing Act, passed 358 to 32 in the House.
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