The United States Senate on Monday passed the 21st Century ROAD to Housing Act in an 85-5 vote, advancing a bipartisan housing package aimed at lowering costs by boosting supply and limiting institutional home buying.
The bill now heads to the House and would move to President Donald Trump for signature if approved.
The legislation, led by Sen.
Tim Scott (R-S.C.) and Sen.
Elizabeth Warren (D-Mass.), includes more than 45 provisions designed to expand housing supply, reduce construction barriers and improve affordability.
