Funding HOAs challenging, especially when deed restricted (CO)

Deferred maintenance and inadequate capital reserve funds are the bane of homeowners associations, and even more challenging for deed-restricted HOAs that lack financial clout.  When new regulations for employee housing owners are considered by the Aspen/Pitkin County Housing Authority in 2018 as part of a “holistic” update, requiring better funded capital reserves for HOAs will likely be on the list, APCHA executive director Mike Kosdrosky said.   Read the article……………

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