Making Condos Safer and Affordable Act of 2023
- Last Action
- 7/3/2023
Actions
- 2023-07-03Referred to the House Committee on Financial Services.
- 2023-07-03Introduced in House
- 2023-07-03Introduced in House
CRS Summary
As of 2023-07-03 (00)
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.
Cosponsors (1)
- Bill Posey (R-FL)
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.