Making Condos Safer and Affordable Act of 2023
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jul 3, 2023)
Making Condos Safer and Affordable Act of 2023
This bill allows the Federal Housing Administration (FHA) to insure a mortgage taken out by a condominium association for the purpose of repairs, improvements, or alterations to any common system, infrastructure, or facility of the condominium.
The bill also allows the FHA to insure a mortgage taken out by a condominium unit owner to pay for special assessments charged by the association for repairs, improvements, or alterations to any common system, infrastructure, or facility of the condominium.
What just happenedJul 3, 2023
Referred to the House Committee on Financial Services.
Who’s behind it
- Introduced in HouseJul 3, 2023
- Jul 3, 2023IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Jul 3, 2023IntroReferralIntro-H
Introduced in House
- Jul 3, 2023IntroReferral1000
Introduced in House