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HCR 172: REQUESTING THE FEDERAL HOUSING FINANCE AGENCY TO DIRECT FANNIE MAE AND FREDDIE MAC TO REPEAL OR REDUCE THE MINIMUM INSURANCE REQUIREMENTS IN GUIDE SECTION 4703.2, REQUIRING CONDOMINIUM MASTER INSURANCE POLICY COVERAGE FOR ALL PERILS IN AN AMOUNT EQUAL TO ONE HUNDRED PERCENT OF THE REPLACEMENT COST VALUE OF THE PROJECT'S IMPROVEMENTS.

  • Session Year: 2025-2026
  • House: House
  • Latest Version Date: 2025-03-07

Current Status:

In Progress

(2025-03-14: Referred to CPC, FIN, referral sheet 22)

Introduced

In Committee

First Chamber

In Committee

Second Chamber

Final Decking

Enacted

Version:

REQUESTING THE Federal Housing Finance Agency to direct Fannie Mae and Freddie Mac to repeal OR REDUCE THE MINIMUM INSURANCE REQUIREMENTS IN Guide Section 4703.2, REQUIRING CONDOMINIUM MASTER INSURANCE POLICY COVERAGE for ALL PERILS in an amount equal to ONE hundred percent OF THE replacement cost value of the project's improvements.

News Coverage:

HCR 172: REQUESTING THE Federal Housing Finance Agency to direct Fannie Mae and Freddie Mac to repeal OR REDUCE THE MINIMUM INSURANCE REQUIREMENTS IN Guide Section 4703.2, REQUIRING CONDOMINIUM MASTER INSURANCE POLICY COVERAGE for ALL PERILS in an amount equal to ONE hundred percent OF THE replacement cost value of the project's improvements. | Digital Democracy