Federal legislation was introduced earlier this week to provide condominium associations access to insured building rehabilitation loans—a move that would help board members make critical structural and safety-based condo repairs.
In the months following the condominium collapse in Surfside, Fla., CAI convened community association leaders, experts, and key stakeholders to identify public policy recommendations for reserve studies and funding, building maintenance, and structural integrity.
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.
Following last month’s devastating partial collapse of the Champlain Tower South condominium in Surfside, Fla., many community association managers, boards, and residents are eager to understand state laws and regulations ensuring the structural integrity of condominiums.
