Hurricane Resilience Bill Passes: Unlock Up to $175,000 in Grants to Protect Your Condo and Lower Insurance Costs
Big news for Florida’s condominium communities: The Legislature has officially passed CS/CS/HB 393, creating a powerful new opportunity for condo associations to harden their buildings against hurricanes — and unlock insurance premium savings.
The My Safe Florida Condominium Pilot Program is now headed to the Governor’s desk for signature. If signed into law (which is widely expected), this program could provide up to $175,000 in matching grant funds per association to help pay for vital upgrades.
Here’s what you need to know — and why you should act fast.
1. What Is the Bill and the My Safe Florida Condominium Program?
CS/CS/HB 393 expands Florida’s popular My Safe Florida Home initiative to include condo associations. Under the new My Safe Florida Condominium Pilot Program, eligible associations can receive:
- A hurricane mitigation inspection to identify needed improvements
- State-funded grants to complete critical upgrades
The goal? To make Florida’s aging condominium buildings stronger, safer, and more insurable — ultimately reducing risk for owners and insurers alike.
Eligible buildings must be:
- Three stories or higher
- Have at least two residential units
- Meet inspection and common element requirements
Importantly, grant funds will only be awarded for improvements that qualify the building for insurance discounts or credits.
2. How Does the Program Benefit Condo Associations?
If signed into law, the program will offer condo associations a state match of $2 for every $1 the association contributes toward qualified upgrades — up to a maximum of $175,000.
Grants can be used for:
- Roof replacement and reinforcement
- Window, door, garage door, and skylight upgrades
- Roof-deck improvements and secondary water barriers
Beyond the obvious safety advantages, these upgrades can:
- Reduce insurance premiums by unlocking new mitigation credits
- Increase building resilience during hurricane season
- Enhance property values for owners
- Help associations comply with state inspection and safety mandates
At a time when Florida’s property insurance market is more volatile than ever, these improvements can deliver significant financial and practical advantages.
3. How Can Boards and Associations Apply for the My Safe Florida Condominium Program?
If the Governor signs the bill, here’s how associations can prepare:
- Board Approval: Pass a majority vote (or full membership vote, if required) to participate.
- Common Element Review: Ensure windows and relevant property components are established as common elements in the declaration.
- Inspection Compliance: Complete required milestone inspections and reserve studies per Florida Statutes.
- Grant Application: Submit a detailed grant application, including contractor information and verified board statements.
Timing is critical. Funding will be awarded on a first-come, first-served basis, and the total pool of grants is limited by legislative appropriation.
Why You Should Act Now
The My Safe Florida Condominium program represents a rare chance for associations to secure state funding, harden their properties, and reduce long-term insurance costs — all while protecting their residents and assets.
Don’t wait for the next storm — or the next insurance premium hike. The time to prepare is now!
CALL US FIRST! We’ll guide your Board through the entire process — from eligibility review to inspection coordination to securing maximum grant funding — and help position your association for success.
