City Weekly · Opinion
Federal housing bill adjusts rules for condo HOAs and single-family purchases.
Urban Living
Last month, President Donald Trump did not sign a reform bill, hailed as the biggest federal housing bill in decades. Instead, it became law without his signature, and condos around the country are now facing some major changes via new lending and insurance requirements.
The bill was written in part due to the 2021 collapse of the Surfside Condos in Florida, after authorities shared with congressional committees what’s going on with older buildings around the country and the lack of housing options.
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