Ungated: News and Insights on Community Association Living
Balcony inspections: California community associations must prepare for new requirements

Balcony inspections: California community associations must prepare for new requirements

California’s “balcony bill,” SB 721, requires balcony inspections within all multifamily residential buildings containing three or more dwelling units no later than Jan. 1, 2025. David Swedelson, founding senior partner at Swedelson Gottlieb firm, provides details to help communities prepare for and transition to these new requirements.

Safety and security: Preparing your community for hostile behavior

Safety and security: Preparing your community for hostile behavior

Community association board members and managers frequently practice diffusing tension and communicating clearly. Today, they also need to prepare safety and security plans in the event of hostile and dangerous behavior. Though worst-case scenarios are rare, in an increasingly uncertain climate, a renewed focus has been placed on safeguarding residents, volunteers, and employees.

Fannie Mae and Freddie Mac: New lender requirements take effect

Fannie Mae and Freddie Mac: New lender requirements take effect

In July, Fannie Mae and Freddie Mac released updates to project eligibility standards for condominiums and housing cooperatives. It is critically important for condominium and housing cooperative projects to have access to loans that will meet Fannie Mae and Freddie Mac qualifications. CAI continues to provide specific feedback regarding the requirements.

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