Budgets/Assessments/Fees

Tips For Reducing HOA Costs During Periods Of High Inflation

A knowledgeable and informed board of directors is key to a successful, well-run HOA. These tips are designed to help…

7 months ago

Is It Okay for Our Association to Have a Social Budget?

For many community associations, it is either the middle of budgeting season, or they have just completed this financial review…

7 months ago

The Key to Unlocking Financial Resilience in Your HOA

Homeowner associations are at the heart of community well-being, orchestrating the collective rhythm of neighborhood life. Among the myriad responsibilities…

8 months ago

Castle Village Is a Snapshot of the Pressures on City Co-ops and Condos (NY)

When its 65-foot-tall retaining wall collapsed onto the Henry Hudson Parkway in 2005, shareholders in the Castle Village co-op were…

8 months ago

How HOA Fees Work in New-Construction Communities: What To Expect

When purchasing a new-construction home, most buyers prepare for the down payment, closing costs, and subsequent monthly mortgage payments. But…

8 months ago

Annual Meeting Time: Making a Case for Assessments Increase (MN)

Proper financial planning is the bedrock of every community association’s sustainability. It ensures that the association can continue to provide…

8 months ago

HOA Budgeting Tips: Understanding the Shifting Insurance Market

The insurance market has always been a dynamic arena, with predicting stability often resembling a high-stakes gamble. Even seasoned insurance…

9 months ago

Where Is the Money Coming From? (FL)

With all the new laws, especially for buildings three stories in height or higher, along with reserve funding requirements, condominium…

9 months ago

HOA Reserve Studies: How to Use Reserve Study Data to Plan for Changing Economic Conditions

Homeowners Associations (HOAs) play a crucial role in maintaining the value and functionality of communities. Part of this responsibility involves…

9 months ago

What Board Members Need to Know on POA Budget Season

For many, the start of fall marks the hope of cooler temperatures being near, but for POA community managers and…

9 months ago