08/01/2016 08:53 pm
WASHINGTON–In a rare display of bipartisanship, the Senate has voted in favor legislation that would have the Federal Housing Administration (FHA) lighten up on its condo financing regulations and make low down payment FHA loans more available to the people they are supposed to serve — moderate-income buyers, many of them minorities and first-time purchasers, who turn to condominiums as their most affordable option.