# 117-hr-7697: Affordable CO-OP (Collective Opportunities for Owning Property) Act

117-hr-7697, Affordable CO-OP (Collective Opportunities for Owning Property) Act, is a 117th Congress bill sponsored by Rep. Bowman, Jamaal [D-NY-16] (D-NY); status Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/117-hr-7697
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 117-hr-7697
- Congress: 117
- Title: Affordable CO-OP (Collective Opportunities for Owning Property) Act
- Status: Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
- Introduced: 2022-05-10
- Sponsor: Rep. Bowman, Jamaal [D-NY-16] (D-NY)
- Cosponsors: 6
- Policy area: Housing and Community Development
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Affordable CO-OP (Collective Opportunities for Owning Property) Act This bill expands access to financing through zero-interest loans and federally backed mortgages for, and otherwise supports, limited equity cooperatives. These are models of affordable homeownership in which residents purchase a share in a residential development and commit to resell their share at a price that maintains affordability.

## Cosponsors (6)

- Rep. Ocasio-Cortez, Alexandria [D-NY-14] (D-NY), 2022-05-10T00:00:00.000Z
- Rep. Clarke, Yvette D. [D-NY-9] (D-NY), 2022-05-10T00:00:00.000Z
- Rep. Jones, Mondaire [D-NY-17] (D-NY), 2022-05-10T00:00:00.000Z
- Rep. Tlaib, Rashida [D-MI-12] (D-MI), 2022-05-10T00:00:00.000Z
- Rep. Watson Coleman, Bonnie [D-NJ-12] (D-NJ), 2022-05-10T00:00:00.000Z
- Rep. Omar, Ilhan [D-MN-5] (D-MN), 2022-05-10T00:00:00.000Z

## Related bills

- 117-hr-1842: Harriet Tubman Bicentennial Commemorative Coin Act
- 117-hr-8535: Shirley Chisholm Congressional Gold Medal Act
- 117-hr-8448: No Tax Breaks for Union Busting (NTBUB) Act
- 117-hr-8433: Renewing Immigration Provisions of the Immigration Act of 1929
- 117-hr-8373: Right to Contraception Act
- 117-hr-8297: Ensuring Women’s Right to Reproductive Freedom Act

## Sources
- [117-hr-7697 on Congress.gov](https://www.congress.gov/bill/117th-congress/house-bill/7697)

## Related
- [117-hr-1842: Harriet Tubman Bicentennial Commemorative Coin Act](https://policyrisk.com/legislation/117-hr-1842)
- [117-hr-8535: Shirley Chisholm Congressional Gold Medal Act](https://policyrisk.com/legislation/117-hr-8535)
- [117-hr-8448: No Tax Breaks for Union Busting (NTBUB) Act](https://policyrisk.com/legislation/117-hr-8448)
- [117-hr-8433: Renewing Immigration Provisions of the Immigration Act of 1929](https://policyrisk.com/legislation/117-hr-8433)
- [117-hr-8373: Right to Contraception Act](https://policyrisk.com/legislation/117-hr-8373)
- [117-hr-8297: Ensuring Women’s Right to Reproductive Freedom Act](https://policyrisk.com/legislation/117-hr-8297)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-hr-7697 (as of 2025-11-18).