HR 2420 · 101th Congress · Housing and Community Development

Cooperative Housing Opportunity Act of 1989

Introduced 1989-05-18· Sponsored by Rep. Johnson, Nancy L. [R-CT-6]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Housing and Community Development.(1989-06-01)

Plain Language Summary

[AI summary unavailable — showing source text] 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

Cosponsors (7)

1 Democrat6 Republicans