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Utility Rates on the Rise: How New Jersey Community Associations May Be Affected and How to Prepare Now

09.09.2024
Alexis Dairman

As energy costs are predicted to dramatically increase and budget season is upon associations with fiscal years based on the calendar year, New Jersey associations that purchase electric service for their residents should prepare for surging utility rates in 2025 and 2026 following PJM Interconnection’s (“PJM”) last capacity auction. PJM, […]

Areas of Focus: Condo, Co-Op & HOA, New Jersey Condo, Co-Op & HOA

My Safe Florida Condominium Pilot Program

08.28.2024
Bryony G. Swift

Newly created Florida Statute 215.5587 establishes the My Safe Florida Condominium Pilot Program- a grant program to help condominiums within 15 miles inward from the coastline offset the cost of certain building improvement projects to strengthen their buildings against hurricanes. The grant program was funded by a thirty-million-dollar appropriation, with […]

Areas of Focus: Condo, Co-Op & HOA, Florida Community Association

If Your Condominium Has 25 or More Units There Is a New Website Requirement

08.28.2024
Michelle H. Kaiser

Prior to July 1, 2024, only associations operating condominiums with 150 or more units were required to have a website. However, Florida lawmakers expanded this mandate through House Bill 1021, which was signed by Governor DeSantis and became effective July 1, 2024, to include any association operating a condominium with […]

Areas of Focus: Condo, Co-Op & HOA, Florida Community Association