Senate Majority Leader John Thune said Tuesday the chamber will move forward with its first procedural vote on updated bipartisan housing affordability legislation. The movement comes after the leaders of the Senate Banking and House Financial Services Committees announced bicameral agreement on the long-awaited bill.
The text of the revised 21st Century ROAD to Housing Act was released Tuesday and contains most of the House-passed housing language, including the House’s version of a provision to restrict large institutional investors from buying single-family homes. Six Senate bills stripped from the House-passed package were also added back…
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