H.R. 7532 · 117th Congress

SAFER in Condos Act of 2022

Stage
In committee
Introduced
2022-04-18
Latest action
2022-04-18 · Introduced in House

Summary

SAFER in Condos Act of 2022 or the Securing Access to Financing for Exterior Repairs in Condos Act of 2022

This bill allows an owner of a condominium (condo) unit to finance, through loans backed by the Federal Housing Administration, special assessments charged by the condo's governing body for rehabilitation, repair, replacement, or other improvement of common systems, infrastructure, facilities, features, portions, or areas.