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Story summary
- The 21st Century ROAD to Housing Act passed the Senate 89-10, advancing a bipartisan housing package.
- House Republicans expressed concerns about banning institutional investors, arguing it could harm the build-to-rent market.
- Rep. Mike Flood highlighted the removal of key bipartisan provisions aimed at reducing housing barriers.
- Senate leaders believe the bill's modifications will facilitate cooperation with the House.
- The legislation aims to support first-time homebuyers and address the housing crisis.
