Committee to research state steps to reduce barriers for condominium development

Committee members identified reduced barriers to condominium development as a potential housing priority to improve pathways to homeownership. Chair West described liability and financial constraints that make condo construction less attractive compared with rental apartments and asked staff to research what state-level reforms might help.

Members agreed to champion that item (housing item #7), to ask staff for additional research on the legal and financial obstacles, and to leave other housing items in the appendix for monitoring or later action. "We're going to ask staff to do some more research on that to understand exactly what we need to pursue," the chair said.

Staff will return with targeted options for statutory changes or enabling language tied to condominium-defect liability, tax-exemption timelines, and potential incentives for for-sale units.