Senior House lawmakers late Wednesday reached a bipartisan deal on housing affordability legislation and scheduled a floor vote for next week.
The final House text would maintain restrictions on Wall Street’s purchase of single-family homes — a priority for President Donald Trump — but would significantly scale back the Senate bill’s limitations on so-called institutional investors in the housing market.
If the House passes its legislation, the bill would have to go back to the Senate for final approval before it reaches Trump’s desk — even as the White House has pushed the lower chamber to pass the Senate’s 21st Century ROAD to Housing Act…
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