News Articles

At the Board meeting on July 31, the Board adopted Administrative Resolution No. 26-05 Establishment of Recommended Procedures for Reasonable Accommodations or Modifications Pursuant to the Fair Housing Act. 

Recent changes to Fannie Mae and Freddie Mac lending guidelines affect how condominium properties approach reserve funding and financing eligibility. For homeowners, these changes can have a direct impact on the financial health of their building/home, future assessments, property value, and the ability of buyers to secure financing in order to sell your property.