An expansive bipartisan bill intended to bring down the cost of housing by boosting the supply of homes has passed both houses of Congress, and is headed to the president's desk for a signature.

The Senate is set to pass a bipartisan housing bill that aims to bring down home prices and increase the supply

The Senate passed a bill aimed at lowering housing costs on Monday after a major breakthrough and rare bipartisan consensus.

After months of negotiating, Congress has finally reached an agreement on a bipartisan housing package that moves in the right direction.

The bipartisan housing legislation now heads to President Donald Trump, who is expected to sign it into law as soon as Wednesday.