A bipartisan pair of senators unveiled a new housing package this week that combines House- and Senate-passed legislation, putting Congress’ first major housing bill in more than a decade on a path to final passage in both chambers.
The bill, spearheaded by Sens. Tim Scott and Elizabeth Warren, the top Republican and Democrat on the Senate Committee on Banking, Housing, and Urban Affairs, passed a key procedural hurdle Monday night and would include provisions from the Housing for the 21st Century Act.
Both chambers have now passed separate housing packages, a rare spot of bipartisan agreement in a deeply polarized Congress. A final Senate vote on the combined package could be scheduled as soon as next week, a Senate aide told NOTUS. From there, the bill would need to clear the House before heading to the president’s desk.