Debbie Wasserman Schultz (D-FL)
Making Condos Safer and Affordable Act of 2026
A Democratic bill with 1 Republican cosponsor · See the cosponsor
Last activity — Referred to the House Committee on Financial Services.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
The ``Making Condos Safer and Affordable Act of 2026'' aims to amend the National Housing Act to better support condominium projects. The bill authorizes the insurance of mortgages specifically to finance the repair, replacement, or improvement of common systems and infrastructure within these projects. It also allows for the insurance of loans used by individual unit owners to pay "non-regular assessments" charged by their condominium's governing body. Additionally, the bill increases certain dollar amount limitations and directs the Secretary to streamline regulations for managing these rehabilitation funds.
Yes· 3 of 4
- Scored +3
Would middle-income households be better off under this?
The bill provides easier access to financing for condominium owners to pay for necessary common system repairs and assessments.
- Scored +3
Does this make housing cost less?
The bill increases loan limits for property improvements and provides new financing mechanisms for condominium repairs to help preserve housing affordability.
- Scored +2
Would people in cities be better off under this?
The bill facilitates the maintenance of condominium infrastructure which is a significant component of urban housing.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Funding for Project Repairs: The bill allows the Secretary to insure mortgages that a condominium's governing body can use to finance the rehabilitation, alteration, repair, improvement, or replacement of common systems, infrastructure, or facilities (Section 2, Section 234(l)).
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Support for Individual Owners: Individual unit owners can use insured loans to pay for non-regular assessments charged by their governing body to cover costs for future project-level improvements or repairs (Section 3(a), Section 203(k)(2)(A)(iv)).
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Increased Loan Amounts: The bill increases the dollar amount limit for certain Title I property improvement loans from $25,000 to $55,000 (Section 3(b)(1)(A)(i)).
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Protection Against Inflation: The Secretary is required to annually increase certain dollar amount limitations in accordance with the Consumer Price Index for All Urban Consumers (Section 3(b)(1)(A)(ii)).
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Easier Management of Repairs: The Secretary is directed to streamline regulations regarding the verification of repair plans, management of work, and disbursement of loan proceeds for rehabilitation loans used for assessments or reserves (Section 3(a), Section 203(k)(5)).
Potential Negative Impacts for People
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Loan Limitations: For mortgages intended to finance project-level repairs, the principal obligation cannot exceed 90 percent of the cost of the proposed project (Section 2, Section 234(l)(2)).
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Loan Caps for Property Value: For rehabilitation loans, the principal obligation cannot exceed 115 percent of the Secretary's estimate of the property's value after the work is done (Section 3(a), Section 203(k)(2)(A)(3)(A)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would middle-income households be better off under this? — The bill provides easier access to financing for condominium owners to pay for necessary common system repairs and assessments. Would people in cities be better off under this? — The bill facilitates the maintenance of condominium infrastructure which is a significant component of urban housing.
- Social Issues And Justice
- Does this make housing cost less? — The bill increases loan limits for property improvements and provides new financing mechanisms for condominium repairs to help preserve housing affordability.
- Economy And Finance
- Is this likely to grow the economy? — The bill supports the maintenance and improvement of housing infrastructure through insured mortgage financing.
- 6/30/2026
- Referred to the House Committee on Financial Services.
- 1 Cosponsor added.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Maria SalazarRepublican · Florida