To authorize the Secretary of Housing and Urban Development to insure loans made to condominium associations to finance repair or replacement of common areas, systems, and features, and for other purposes.
Rapid Financing for Critical Condo Repairs Act of 2022
This bill authorizes the Federal Housing Administration to insure certain loans made to condominium associations for rehabilitating, altering, repairing, improving, or replacing common systems, infrastructure, facilities, features, portions, or areas.
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