Condos join alliance to fight state rules on reserves

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PHOTO BY JOSHUA KODIS

Several 32963 condo Home Owner Associations (HOAs) have joined a new a regional alliance to continue the fight to ease the crushing costs imposed on them by a state law passed in wake of the 2021 high-rise building collapse in Surfside that left 98 people dead.

The newly minted Treasure Coast Condominium Alliance (TCCA) already includes 14 HOAs from all along the Treasure Coast, starting with Robles del Mar in Indian River Shores, including the Racquet Club and The Gables in Vero Beach, as well as other buildings on Hutchinson Island and down to Stuart.

The alliance is trying to mitigate the financial impact of new Florida laws that mandate a Structural Integrity Reserve Study (SIRS) for all buildings three stories or higher within three miles of a shoreline, to be completed by the end of this year, and force HOAs to fully fund reserve funds for all substantial repair and maintenance projects that those studies find necessary…

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