Conferences with legislators addressed entry to inexpensive insurance, catastrophe restoration, inexpensive housing, preservation of neighborhood self-governance and different insurance policies affecting neighborhood associations nationwide.
“We’re bringing the voices of hundreds of thousands dwelling in owners associations, condominiums, and housing cooperatives on to Congress,” stated Daybreak Bauman, chief govt officer of CAI. “Our members are on a regular basis American owners and neighborhood affiliation stakeholders searching for entry to mortgage financing, catastrophe restoration help, and inexpensive housing for his or her households and future generations.”
Key legislative priorities for the 2025 summit included:
- ROAD to Housing Act: Advocating amendments to permit first-time consumers in condominiums, housing cooperatives or owners associations to make use of HUD counseling tailor-made to affiliation funds, qualify for small-dollar mortgages, obtain truthful value determinations and entry grants or low-interest applications for main repairs — decreasing the necessity for particular assessments.
- FEMA Act: Supporting laws to make sure federal catastrophe restoration funds cowl privately owned roads and amenities in owners associations for equitable entry to cleanup and restore assets.
- Beginner Radio Emergency Preparedness Act (HAM Radio): Opposing laws that would infringe on neighborhood self-governance whereas supporting catastrophe preparedness inside associations.
- Insurance coverage: Addressing rising property insurance coverage prices, restricted protection choices and mortgage eligibility challenges for condominiums.
- Fannie Mae and Freddie Mac lending: Advocating for truthful condominium and cooperative lending insurance policies and urging the Federal Housing Finance Company to switch unrealistic lending necessities and disclose ineligible lists.
- Affordable housing: Supporting insurance policies to extend housing affordability nationwide whereas sustaining neighborhood self-governance.
