Congress clears housing bill

By Ronda Kaysen | New York Times

The House on Tuesday overwhelmingly passed a landmark housing bill, notching a rare bipartisan accomplishment ahead of the midterm elections and clearing the way for President Trump to sign the most significant piece of housing legislation in 36 years.

The bill’s passage, by a lopsided 358-to-32 vote, ended months of sparring between the House and the Senate over a sprawling measure that aims to tackle the housing crisis by boosting supply in a country facing an acute shortage of new homes. The Senate passed its version of the same bill Monday, by a vote of 85 to 5.

A White House official said Mr. Trump was expected to sign the bill into law on Wednesday. Passage of the legislation secured a much-needed achievement for his party months before midterm elections in which their congressional majorities are at stake. Voters have been particularly critical of the president’s handling of the economy, with only 33 percent approving of it, according to a New York Times/Siena poll last month.

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