Florida Faces Condo Crisis as DeSantis Weighs Legislative Action
Governor DeSantis promises relief for condo owners burdened by new safety regulations but delays calling a special legislative session.
- New condo safety regulations, enacted after the Surfside collapse, require inspections and repairs by January 1, 2025.
- Condo owners face hefty repair costs, with some assessments reaching up to $100,000 per unit.
- Governor DeSantis acknowledges the financial strain on residents and is considering low-interest loans to assist with costs.
- Despite pressure, DeSantis has not committed to calling a special legislative session, citing the need for well-thought-out solutions.
- Legislative leaders emphasize balancing safety with affordability but have rejected early reconvening to address the issue.