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Lawmakers point to condo-liability reform and new models to expand homeownership
Summary
The delegation highlighted passage of condo-liability reform and work on community land trusts and co-op insurability as tools to boost housing supply and homeownership in Federal Way; councilmembers asked for continued state-local coordination.
State representatives told the Federal Way City Council on July 15 that recent legislation and ongoing work this interim aim to reduce barriers to condominium construction and expand alternative homeownership models. Representative Taylor said House Bill 1403, described in the briefing as a condo-liability and restructuring bill, passed during the session and is intended to reduce legal barriers that have discouraged condo construction. Taylor said the…
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