Coming out of summer recess, California lawmakers will tackle condominium construction defect legislation that has cleared committees and passed one chamber.

Lawmakers reintroduce the Making Condos Safer and Affordable Act to expand low-interest loans for structural and life-safety work.

Fannie Mae and Freddie Mac updated condo project standards in March 2026, reshaping how projects qualify for conventional financing. The changes add insurance flexibility, including ACV roof coverage and a $50,000 per unit deductible cap, while increasing reserve funding expectations.