DeSantis promises relief for Florida condo owners by end of year. But how?
Gov. Ron DeSantis said the Legislature would step in before the end of the year to help condominium owners facing financial turmoil as a result of new building safety regulations that go into effect Jan. 1.
“At some point over the next three and a half months, something will be done,” he said at a roundtable meeting with local condo owners in Pinellas Park on Thursday.
Still, the governor would not commit to calling a special session himself. And last month, Republican leaders rejected calls to reconvene the Legislature early to tackle the condo issue.
The new rules, passed in the wake of the deadly Surfside building collapse, require certain condo associations to inspect their buildings and come up with plans to pay for necessary repairs.
Though legislators hoped this would prevent future engineering failures, condo owners say in the short term it has led to unwieldy special assessments that threaten to price out low-income and senior residents.
Earle Cooper, a Bellaire condo owner who spoke at the roundtable, said his building needs around $3.69 million in repairs. That could cost individual residents anywhere from $30,000 to $100,000.