Congress Passes Bipartisan Housing Opportunity Through Modernization Act of 2015

On July 14, 2016, the Senate passed H.R. 3700, the Housing Opportunity Through Modernization Act of 2015 (HOTMA) by unanimous consent. It streamlines and reforms several federal housing assistance programs. The Senate passage of the House-passed version expedites the lawmaking process, as now H.R. 3700 is headed to the President’s desk and is expected to be signed into law soon.