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HR 7697 117th Congress House Housing and Community Development Adult day care Air quality Building construction Child care and development Climate change and greenhouse gases Community life and organization Cooperative and condominium housing Department of Housing and Urban Development Disaster relief and insurance Emergency medical services and trauma care Energy efficiency and conservation Executive agency funding and structure Government lending and loan guarantees Housing and community development funding Housing discrimination Housing finance and home ownership Housing for the elderly and disabled Housing supply and affordability Infectious and parasitic diseases

Affordable CO-OP (Collective Opportunities for Owning Property) Act

Introduced: May 10, 2022 See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 11, 2022
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
May 10, 2022
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.
May 10, 2022
Introduced in House
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 Plain-English summary Congressional Research Service

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's happening now May 11, 2022

Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 4
 Cosponsors 6
All 6 Democratic 5
D
Clarke, Yvette D.
New York · May 10, 2022
Jones, Mondaire
· May 10, 2022
 D
Ocasio-Cortez, Alexandria
New York · May 10, 2022
 D
Omar, Ilhan
Minnesota · May 10, 2022
 D
Tlaib, Rashida
Michigan · May 10, 2022
 D
Watson Coleman, Bonnie
New Jersey · May 10, 2022
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 7697: Affordable CO-OP (Collective Opportunities for Owning Property) Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-7697/
MLA
"H.R. 7697: Affordable CO-OP (Collective Opportunities for Owning Property) Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-7697/.
Bluebook (legal)
H.R. 7697, 117th Cong. (2026), https://openamerica.io/bill/117-HR-7697/.
Markdown link
[H.R. 7697: Affordable CO-OP (Collective Opportunities for Owning Property) Act](https://openamerica.io/bill/117-HR-7697/)
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