As Co-Chairperson of the Community Association Institute’s Michigan Legislative Action Committee, Gregory J. Fioritto was thrilled and honored to attend the CAI Virtual Advocacy Summit today, along with several other members of the Michigan LAC.
Our “Michigan group,” consisting of Partner Gregory J. Fioritto, Senior ZDF Attorney Richard Wagner, Jr., and several other CAI/LAC members from a variety of different vocational backgrounds, had the unprecedented opportunity to meet via Zoom with the legislative staff of Senators Debbie Stabenow and Gary Peters about the big issues facing our Association clients in a “post-Surfside,” world.
Two currently pending House bills, H.R. 7532 (the Securing Access to Financing for External Repairs (SAFER) in Condominiums Act of 2022), and H.R. 8304 (the Rapid Financing for Condominium Building Repairs Act of 2022 (RAPID)) could be true game changers in making more financial resources available for associations and their members to finance critical building maintenance and repair projects.
Mr. Fioritto urges anyone who wants our government to enact laws and policies that will keep our communities well-maintained, financially solvent, safe, and strong to support these federal legislative efforts. Both bills are currently pending with the U.S. House Committee on Financial Services.
As someone who has been a community association attorney for nearly 20 years, Mr. Fioritto found it incredible to finally have an opportunity to share his experiences, thoughts and concerns about association problems with legislators who may be able to make some truly significant changes to our laws for the benefit of the millions of people across the U.S. who live in community associations.