The collapse of Champlain Towers South in Florida wasn’t just a tragic event, it was a wake-up call for community association and maintenance plans and programs. Since then, insurers have gotten stricter, lenders more cautious, and lawmakers busier than ever. With a little discipline and a plan, you can lead your community safely to the summit. Get started with a six-step preventive maintenance plan.
Today marks the two-year anniversary of the partial collapse of the Champlain Towers South Condominium in Surfside, Fla. The tragedy took 98 lives. CAI honors those who lost their lives, the loved ones of the victims, and the survivors who lost their home and neighbors.
Not a day has gone by at CAI that we haven’t been thinking about the Champlain Towers South collapse and how we can prevent another like it. We have an opportunity to turn tragedy into change for people who live, work, and volunteer in community associations.
Following the Surfside condo collapse this summer, Fannie Mae recently released new building project requirements for its loans. CAI breaks down the key requirements of the guidelines effective Jan. 1.
CAI’s Government and Public Affairs Committee is considering policy reform recommendations that address building inspections, reserve studies, and reserve funding plans in the wake of the devastating collapse of Champlain Tower South condominium in Surfside, Fla., in late June.
