The bill, which passed 85-5 and now heads to the House, has been the focus of intense negotiations in recent weeks.

Both chambers of Congress are expected to advance a sprawling housing package this week that's aimed at creating more supply and making homes more affordable.

The Senate has passed a bipartisan housing bill that aims to bring down home prices and increase supply.

The Senate voted to pass the bipartisan 21st Century ROAD to Housing Act after a series of negotiations turned into a deal.