Committees play a crucial role in the success of community associations, offering valuable support to both board members and community managers. When boards and committees have defined roles and responsibilities, communicate well, and schedule special appreciation events for volunteers, communities thrive.
In the dynamic world of community associations, effective leadership is crucial. But traditional top-down approaches in leadership often fall short. Incorporating effective everyday mentorship in your leadership efforts provides continuous support, guidance, and development opportunities.
Generating adequate reserve funding in your community can seem like a daunting task, but doing so is a necessary step in providing for ongoing preventative maintenance and structural inspections and repairs, and safeguarding your community’s future. An Iowa community association was forced to tackle their reserve funding head on when faced with severe maintenance challenges they couldn’t afford.
Committees are a vital part of community associations and can be of great value to board members and community managers. Here are a few tips that can create an environment of mutual respect and collaboration and ensure committee success.
A carefully written investment policy should keep community associations on a straight and narrow path, say professionals who advise them. At Ford’s Colony Homeowners Association, a 2,600-home community in Williamsburg, Va., a finance committee of volunteers uses an investment policy to advise the board.
