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House Financial Services Committee advances bipartisan housing package, H.R. 66 44
Summary
The House Financial Services Committee adopted an amendment-in-the-nature-of-a-substitute and ordered H.R. 66 44 (referred to in the transcript as the Housing for the 20 First Century Act) favorably reported after accepting multiple bipartisan amendments, including HOME program reforms and manufactured housing changes.
The House Financial Services Committee on [date of markup] advanced a bipartisan housing package, H.R. 66 44, adopting an amendment in the nature of a substitute and ordering the measure favorably reported to the full House.
Chairman Hill opened the markup by calling the bill, which the clerk described as intended “to increase the supply of housing in America and for other purposes.” In his opening remarks the chair framed the package as a set of deregulatory and program-modernization steps intended to speed construction and broaden housing options for urban, suburban and rural communities.
Ranking Member Maxine Waters (D-Calif.) praised the bipartisan agreement but urged Congress not to treat the…
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