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H.R. 2522

Fair Access to Co-ops for Veterans Act

Fair Access to Co-ops for Veterans Act - Revises the Department of Veterans Affairs (VA) program that guarantees veterans' loans for the purchase of residential cooperative housing to remove a provision that limits to five years after a loan is guaranteed the use of loan proceeds to purchase stock or membership in a cooperative housing corporation. Directs the Secretary of Veterans Affairs to ensure that a loan used for such purchase in a corporation that has been reviewed and approved by a lender approved by the Federal National Mortgage Association (Fannie Mae) is not denied.

Authorizes the Secretary to advertise the availability of such loan guarantees.

Referred to the Subcommittee on Economic Opportunity.

Rep. Maloney, Carolyn B. [D-NY-12](D-NY)Sponsor
2 cosponsors2 D
2cosponsors1committees5actions7subjects
  • Introduced in HouseJun 26, 2013
  1. Committee

    Referred to the Subcommittee on Economic Opportunity.

  2. IntroReferralH11100

    Referred to the House Committee on Veterans' Affairs.

  3. IntroReferralB00100

    Sponsor introductory remarks on measure. (CR E973)

  4. IntroReferralIntro-H

    Introduced in House

  5. IntroReferral1000

    Introduced in House

Fair Access to Co-ops for Veterans Act — Informed