HR 2420 · 101th Congress · Housing and Community Development
Cooperative Housing Opportunity Act of 1989
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Housing and Community Development.(1989-06-01)
Plain Language Summary
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Cooperative Housing Opportunity Act of 1989 - Authorizes the Secretary of Housing and Urban Development to make matching grants to States to acquire, construct, or rehabilitate limited equity cooperative housing for low and moderate income families. Permits such grants to be used for technical assistance and seed money revolving funds. Sets forth project eligibility requirements, including: (1) project size, cost, and standards; (2) equity buildup; and (3) family eligibility. Authorizes FY 1990 through 1992 appropriations.…
Summarized by Claude AI · Non-partisan · For informational purposes only