H.R. 7532 · 117th Congress · House

SAFER in Condos Act of 2022

Active· Referred to the House Committee on Financial Services.
Introduced
Apr 18, 22
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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.