Douglas C. Shumway, Author at Gladly

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Founder and Account Manager at GoGladly

Burke is Gladly's top industry expert. After 12 years in portfolio management, Burke founded an HOA management firm, and has drawn from that experience to offer insider-level understanding to Gladly. One of Burke's rare charms is that he actually loves listening to your problems. His more traditional hobbies include camping, 4-wheeling, and spending time with his wife and 5 terrific kids,especially when he gets to nag them about homework (nag the kids, not his wife).

All posts by Douglas:

New FHA Law & Your Rental Cap

by Douglas C. Shumway | Aug 31, 2016 | 1 comment

One of the things that creates an obstacle for some associations in obtaining FHA certification is the requirement that 50% of the units must be owner-occupied. A new law changes this requirement, however, in a way that benefits condo associations, purchasers, and developers. On July 29, 2016, President Obama signed into law the Housing Opportunity Through Modernization Act (passed by unanimous vote in the US House of Representatives), which changes FHA requirements for condominium certification. Read More... [et_social_share]

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