Ungated: News and Insights on Community Association Living
Two years later: CAI, community associations rally around condo safety

Two years later: CAI, community associations rally around condo safety

The partial collapse of Champlain Towers South condominium in Surfside, Fla., on June 24, 2021, killed 98 people and is considered one of the worst building disasters in U.S. history. The tragedy spurred CAI into action, galvanizing members and staff around condo safety. Over the past two years, CAI has educated community association residents, board members, managers, business partners, legislators, and regulators about structurally sound and fiscally responsible communities.

Community NOW: CAI celebrating 50th anniversary at Dallas conference

Community NOW: CAI celebrating 50th anniversary at Dallas conference

Community Associations Institute supports the millions of people living and working in condominiums, housing cooperatives, and homeowners associations. CAI is commemorating its 50th anniversary at the largest international gathering of homeowners, community managers, and businesses serving community associations during the 2023 CAI Annual Conference and Exposition: Community NOW, May 17–20, at the Hilton Anatole in Dallas.

Condominium blacklists: Secretive lending questionnaires impacting affordable housing

Condominium blacklists: Secretive lending questionnaires impacting affordable housing

Fannie Mae and Freddie Mac are compiling troubling blacklists that prohibit mortgage financing for entire condominium or housing cooperative buildings. As the blacklists grow, community managers and board members have no knowledge their buildings are on them. When people are unable to buy and sell units in these buildings, property values may be affected.

Insurance coverage: Communities report significant challenges with rising premiums

Insurance coverage: Communities report significant challenges with rising premiums

More than 90% of respondents in a recent survey conducted by the Foundation for Community Association Research reported that their property and casualty insurance premium had increased at the last or current renewal with 24% citing an increase between $101 and $500, and 14% citing a larger increase. Eleven percent of respondents indicated that their property and casualty coverage was canceled or not renewed.

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