Pipeline · Bill → Law
Step 1
Introduced
Jul 3, 2023
Step 2
Referred
Jul 3, 2023
Financial Services
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
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.
Timeline · 2 actions
Jul 3, 2023
Introduced in House
Jul 3, 2023
Referred to the House Committee on Financial Services.