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8:23Now PlayingUS News: The Senate passed a broad bill on Thursday to make US housing more accessible and affordable, a rare bipartisan effort in Congress to address a growing national problem.
The bill, which passed 89-10, would reduce regulations, regulate corporate investors, and expand how housing dollars can be used to build affordable homes and rentals. It will now head back to the House, which passed a similar bill earlier this year.
“We have a housing shortage all across America,” said the Massachusetts Democrat senator Elizabeth Warren, who worked with Republicans to win overwhelming support from both parties for the legislation. She said, “We need more housing of every kind. More housing for first-time homebuyers, more housing for renters, more housing for seniors, more housing for people with disabilities, more rural housing, more urban housing, more, more, and more. It will help drive down prices”.
#usnews #housing #america #uspolitics #ussenate #senate #elizabethwarren
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