At Black, Slaughter & Black,
P.A., we closely monitor pending legislation that could affect our HOA and
condominium clients. One federal bill
that may impact many communities, especially those near the coast or in
locations where storm damage is more likely, is the Disaster
Assistance Equity Act. This
bill was just introduced as H.R. 5337 in the House and would extend disaster
relief funds to community associations where that relief was not previously
available. H.R. 5337 appears to have
bipartisan support, making it more likely to eventually be signed into law in
some fashion.
According
to the Community Association Institute (“CAI”), the bill:
- Allows FEMA’s Public Assistance Program to reimburse costs related to disaster debris removal from community association roads and waterways.
- Allows FEMA’s Individuals and Households Assistance Program to provide assistance to condominium unit homeowners for critical common element repairs after a natural disaster.
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We will continue to monitor H.R. 5337 and other bills that affect community associations. Black, Slaughter & Black attorneys represent HOAs and condos across North Carolina and South Carolina from our Charlotte, Greensboro, Triangle, and Coastal. Contact us today if you have questions about this bill or any other recent legislation that may impact your community.
Author: David Wilson
Articles have been Reprinted with permission from Black, Slaughter, Black.
* These articles and related content on this website are provided without warranty of any kind and in no way constitute or provide legal advice. You are advised to contact an attorney specializing in Association Management for legal advice related to your specific issue and community. Some articles are provided by thrid parties and online services. Display of these articles does in no way endorse the products or services of Community Association Management by the author(s).
