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HR 4465 118th Congress House Finance and Financial Sector

Making Condos Safer and Affordable Act of 2023

Introduced: July 3, 2023 Introduced by: Wasserman Schultz, Debbie Democratic · Florida See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 3, 2023
Referred to the House Committee on Financial Services.
Jul 3, 2023
Introduced in House
 Plain-English summary Congressional Research Service

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's happening now July 3, 2023

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1