The bill would allow accessibility improvements, such as zero-step entrances and wider doorways, to be included in the Rehabilitation Mortgage Insurance Program. Within one year of enactment, the Department of Housing and Urban Development would update program guidance, train consultants and appraisers to value these improvements, and report to Congress on their use.
If enacted, the change could let people include qualifying accessibility improvements in a rehabilitation mortgage insured through the program. The bill does not guarantee approval for any specific project.
The bill does not specify costs or funding.
No publicly available information.
No publicly available information.