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.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Introduced in House
Referred to the House Committee on Financial Services.
Housing and Community Development
SAFER in Condos Act of 2022
USA117th CongressHR-7532| House
| Updated: 4/18/2022
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.