Senate Provides Up to $332 Billion for Housing and Transportation in the Infrastructure Reconciliation Package

The Senate released today a budget resolution, setting the stage for Congress to enact a $3.5 trillion infrastructure package. The budget resolution calls for more than $332 billion combined for housing and transportation investments!
The budget resolution is expected to receive a vote on the Senate floor in the coming days, before heading to the House for approval. Once the budget resolution is approved, the Senate Banking Committee and House Financial Services Committee will draft legislation to determine how to invest their allocations in various housing and transportation programs.

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