#bipartisan-policy

#bipartisan-policy

Congress is close to passing a bipartisan housing bill with significant reforms and funding for affordable housing.

The Senate passed the 21st Century ROAD to Housing Act, the largest housing legislation in 36 years with bipartisan support, but faces uncertain prospects in the House and potential presidential veto.

A bipartisan housing bill combining House and Senate provisions faces concerns from mortgage bankers over provisions that could reduce housing supply and increase lender costs through FHA loan limit decreases and expanded disclosure requirements.