H.R.2851: Affordable Housing Preservation Act of 2021

About This Bill

  • Introduced April 26, 2021
  • Latest Major Action April 26, 2021

Bill Sponsor

Bill Version

Bill Summary

Affordable Housing Preservation Act of 2021 This bill directs the Department of Housing and Urban Development (HUD) to implement a demonstration program for the establishment or preservation of limited- or zero-equity resident-controlled housing. Limited- or zero-equity resident-controlled housing (e.g., a housing cooperative) restricts the initial and resale price of shares of stock or membership interests in a residence so that the shares...

(Source: Library of Congress)

Bill Actions

Date Description
April 26, 2021
Referred to the House Committee on Financial Services.
April 26, 2021

Introduced in the House by Ilhan Omar (D-Minn.)

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