Three House members have reintroduced legislation that would allow credit unions to make loans that finance the purchase of small apartment buildings.
Similar legislation has been introduced in past Congresses, but have not passed.
Known as the Credit Union Residential Loan Parity Act, the legislation was introduced by Reps. Ed Royce (R-Calif.), Jared Huffman (D-Calif.), Don Young (R-Alaska), and Peter DeFazio (D-Ore.).
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