WASHINGTON The House approved legislation Friday that would reauthorize dozens of federal housing programs set to expire Sept. 30, including several that are important to the municipal market.

The measure, which passed by a vote of 345 to 36, must now be reconciled with the Senate's version. That bill has been passed by the Senate Banking Committee and is expected to be voted on by the full Senate before Congress adjourns for its summer recess in mid-August.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.