Saturday, November 30, 2024

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Rep. Israel Renews Push to Make Condos, Co-ops, and Certain Common Interest Communities Eligible...

Three years after Superstorm Sandy hit New York, Congressman Steve Israel (D –NY) renewed his push and announced legislation that would make co-ops, condo associations, and certain common interest communities eligible for the same vital assistance from the Federal Emergency Management Agency (FEMA) available to other homeowners. Currently, co-ops, condo associations, and common interest communities are only eligible to receive loans and not grants. Following Superstorm Sandy, Rep. Israel wrote a letter and urged FEMA to make co-op and condo associations eligible for storm recovery grants.

Business Real Estate Press Releases

Recent Gov & Nonprofit Real Estate Press Releases

Mayor Bowser, DCHA & POAH Celebrate Ribbon Cutting and Groundbreaking of...

Mayor Muriel Bowser and the Office of the Deputy Mayor for Planning and Economic Development (DMPED), with the District of Columbia Housing Authority (DCHA) and nonprofit developer Preservation of Affordable Housing (POAH) today celebrated the grand opening of The Asberry, a mixed-use building with 108 units of affordable rental housing with a preference for those aged 55+.