House Expected to Pass Affordable Housing Bill

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“The U.S. House on Tuesday is expected to send to President Donald Trump’s desk an affordable housing bill aimed at lowering costs for homebuyers and reining in institutional investors,” CNBC reports.“The legislation, dubbed the 21st Century ROAD to Housing Act, is a rare bipartisan measure in a deeply divided Congress. It advanced out of the Senate on Monday night by a vote of 85-5, after months of debate and different versions ping-ponging between the House and Senate. Lawmakers struck a final deal on the legislation last week.”Los Angeles Times: Landmark housing bill advances in Congress with bipartisan support.