A Senate committee approved a major housing bill this week, with a range of provisions that could make it easier for people to buy a home.
On Tuesday, the Senate Committee on Banking, Housing, and Urban Affairs unanimously voted to advance the Renewing Opportunity in the American Dream to Housing Act of 2025, which aims to increase the supply of affordable housing.
The bill sponsored by Sen. Tim Scott, R-S.C., chairman of the committee, and Sen. Elizabeth Warren, D-Mass., a ranking member, is the first bipartisan markup for housing in over a decade.
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