WASHINGTON - Legislation that would partially lift a ban on the use of private-activity housing bonds in conjunction with the HOME housing affordability program was passed by the Senate and to the President Thursday night in the waning moments of the 102d Congress.

Approved on a voice vote, the bill would allow state and local governments to count a portion of their multifamily and mortgage bond issuance in the contributions they make to the program that are eligible for federal matching funds.

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