The House easily passed a bipartisan housing affordability package Wednesday after negotiators stripped language that would have reformed a popular disaster recovery program.
The legislation, sponsored by House Financial Services Chair French Hill (R-Ark.) and ranking member Maxine Waters (D-Calif.), still contains several provisions to ease the permitting process for certain home construction projects.
House lawmakers voted 396-13 to approve a newly amended version of the “21st Century ROAD to Housing Act,” which the Senate passed in March. House passage effectively sends the bill back to the Senate for a final vote.
The White House urged some of the most recent changes in the bill — namely regarding language on institutional investors in the housing market — and the administration is supportive of the amended proposal. The Senate’s original sponsors, however, suggested Wednesday that there will be another fight ahead.
