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.
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.
We’ve longed believed the best communities have knowledgeable governing boards, highly engaged residents, and educated and trained professional managers. HOAresources.com allows us to support these individuals.
Constant improvements to common areas and appealing amenities allow Society Hill Towers, a 614-unit condominium complex in Philadelphia, to stay competitive in the city’s high-rise market.
Fannie Mae and Freddie Mac issued new requirements to secure loans in condo buildings. The guidance relates to structural integrity and financial stability and is in response to the condominium collapse in Surfside, Fla., in late June.
