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Senate Passes Historic Housing Bill
Description
The Senate is poised to pass a major bipartisan housing bill designed to slash red tape, boost supply, and crack down on corporate home buying—banishing Wall Street from single-family homes while leaving behind a controversial seven-year resale rule. Facing mounting pressure ahead of elections, lawmakers have crafted a compromise aimed at lowering costs, expanding homeownership, and reviving a stalled market through grants, streamlined construction, and more accessible manufactured housing. Though imperfect, this rare Washington agreement could finally start shifting the housing crisis—and it’s headed straight to the President’s desk.
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