United States · Bill · HR
H.R. 7697 (117th)
Affordable CO-OP (Collective Opportunities for Owning Property) Act
Introduced
10 May 2022
Last action
—
Status
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
Sponsors
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Subjects
Discovery layer
Source updated
3 January 2025
Summary
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.
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 10 May 2022
Introduced in House (PDF)
Introduced in House · EN · 10 May 2022
Introduced in House
summary · EN · 10 May 2022
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/117th-congress/house-bill/7697
- Open data entity: https://api.congress.gov/v3/bill/117/hr/7697