Federal Legislation Supports Condo Structural Repairs
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On April 18, US Reps. Charlie Crist and Debbie Wasserman Schultz introduced the Securing Access to Finance Exterior Repairs (SAFER) in Condos Act of 2022, in response to the partial collapse of the Champlain Towers South in Surfside, Florida. 

The legislation allows condominium homeowners to finance critical building repairs with loans backed by the FHA. It is inteded to reduce upfront costs to condominium homeowners facing special assessments to finance necessary building repairs.

Learn more about the SAFER in Condos Act here