Congress nears passage of a more affordable housing bill

Congress is getting closer to passing bipartisan legislation to encourage more affordable housing.  The bill, which has broad support from industry groups, would overhaul regulations to make it faster and cheaper to build new housing. It would also modernize rules for factory-built housing and ban large investment groups from buying more single-family homes. The Senate bill is co-sponsored by Republican Tim Scott and Democrat Elizabeth Warren, and is backed by President Trump.