HR 5923
Fair Access to Co-ops for Veterans Act
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill makes a program that helps veterans buy shares in cooperative housing permanently available. It ensures the Department of Veterans Affairs will guarantee loans for veterans purchasing stock or membership in cooperative housing corporations, as long as a qualified lender has already approved the loan. The bill also requires the VA to actively promote this loan guarantee program to veterans, lenders, and real estate professionals. This aims to increase access to homeownership opportunities for veterans through cooperative housing.
Sponsors
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Primary sponsor
Carolyn B. Maloney
Cosponsors
Eleanor Holmes [D-DC-At Large] Norton
Michael F. Q. [D-GU-At Large] San Nicolas
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