Affordable CO-OP (Collective Opportunities for Owning Property) Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (May 10, 2022)
Affordable CO-OP (Collective Opportunities for Owning Property) Act
This bill expands access to financing through zero-interest loans and federally backed mortgages for, and otherwise supports, limited equity cooperatives. These are models of affordable homeownership in which residents purchase a share in a residential development and commit to resell their share at a price that maintains affordability.
What just happenedMay 11, 2022
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
Who’s behind it
- Introduced in HouseMay 10, 2022
- May 11, 2022Committee
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
Economic Development, Public Buildings, and Emergency Management Subcommittee - May 10, 2022IntroReferralH11100
Referred to the Committee on Financial Services, and in addition to the Committees on Transportation and Infrastructure, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Energy and Commerce Committee - May 10, 2022IntroReferralH11100
Referred to the Committee on Financial Services, and in addition to the Committees on Transportation and Infrastructure, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Transportation and Infrastructure Committee - May 10, 2022IntroReferralH11100
Referred to the Committee on Financial Services, and in addition to the Committees on Transportation and Infrastructure, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Financial Services Committee - May 10, 2022IntroReferralIntro-H
Introduced in House
- May 10, 2022IntroReferral1000
Introduced in House