As we previously blogged in August, the Housing Opportunity Through Modernization Act of 2016 (HOTMA) was signed into law on July 29, 2016, which, among other things, required the Secretary of HUD to provide further guidance and clarity regarding the percentage of owner occupied units required to obtain project approval for condominium communities.Go to Resource
Category: State Legislation
Last week, the U.S. Department of Housing and Urban Development (HUD) released final regulations related to quid pro quo and hostile environment housing claims under the Fair Housing Act. Some of the new regulations which go into effect on October 14, 2016 may impact your association. Below is a summary of those keyGo to Resource
On September 13, 2012, the U.S. Department of Housing and Urban Development issued Mortgagee Letter: 2012-18, which put in place temporary condominium project approval guidelines that modified the existing FHA condominium approval policy requirements. The changes included, but are not limited to: a revised definition of proposed construction; a revised definition of newlyGo to Resource
During the 2015-2016 federal legislative season, the Ham Radio lobby introduced H.R. 1301, a bill that seeks to prohibit associations from banning Ham Radio antennae in their communities. This bill has been vehemently opposed by CAI for various reasons, and recently the parties reached a compromise with respect to the language contained inGo to Resource
On March 3, 2016, Congresswoman Anna Eshoo (D-CA) and Congressman Mike Thompson (D-CA) introduced the “Helping Our Middle-Income Earners (HOME) Act.” The purpose of the HOME Act is to lighten the financial tax burdens on middle class Americans residing in covenant controlled communities. This is done by allowing qualifying individuals to deduct associationGo to Resource