DeSantis requested help for elderly condo owners. Here are the proposals.
A $2,500 grant to help low-income seniors pay assessments for condominium repairs.
Exemptions from inspections and reserves for buildings under six stories.
Authorizations for condo boards to take out loans to pay reserves.
These are just a few of the ideas that lawmakers have submitted in response to Gov. Ron DeSantis’ call to help elderly condo unit owners on fixed incomes keep their homes as maintenance and insurance costs skyrocket.
None of the bills are guaranteed to make their way through the Florida Legislature over the next two months. So far, only one — a proposal to restrict state grants for storm hardening to buildings three stories and higher — has been heard by a committee.
After DeSantis made his request in September, some legislative leaders said they were opposed to “bailing out” condo owners, arguing that they spent years waiving reserve funding instead of anticipating inevitable repairs.
A year after the collapse of the 12-story Champlain Towers South condominium in Surfside that killed 98 people, the Legislature enacted a new law eliminating the option to waive full funding of reserves for budgets approved after Dec. 31, 2024.