Referred to the Subcommittee on Insurance, Housing and Community Opportunity.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Dec 15, 2011
National Cooperative Development Act - Directs the Secretary of Housing and Urban Development (HUD) to: (1) establish a National Cooperative Development Program to create jobs and increase economic development in underserved areas by promoting cooperative development; and (2) select, through a competitive process and enter into a grant agreement with, a national cooperative development center.
Defines "cooperative organization" as an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly owned and democratically controlled enterprise.
Defines "cooperative development" as specified technical assistance for the establishment of cooperative organizations.
Requires the national center to select local cooperative development centers.
Authorizes the national center to establish up to three local cooperative development centers in each of FY2012-FY2016.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 14, 2025. Consult Congress.gov for the current record.
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