CAI is proud to announce it has surpassed the 45,000-member milestone while celebrating the organization’s 50th anniversary. CAI has added 2,000 members over the past year. This month, 827 new members joined the organization, and more than 80% of members renewed. CAI has grown by 10,000 members since 2018.
Fannie Mae and Freddie Mac are compiling troubling blacklists that prohibit mortgage financing for entire condominium or housing cooperative buildings. As the blacklists grow, community managers and board members have no knowledge their buildings are on them. When people are unable to buy and sell units in these buildings, property values may be affected.
Whipping up a plan to recruit, educate, and retain volunteers is a delicate mix that includes patience, flexibility, solid coaching, and listening skills—plus a dash of strong commitment to community.
Community associations are designed to maintain common areas, preserve and protect property values, provide services for members, and develop a sense of community. Mental health issues could affect each of those responsibilities. Board members and community managers need to have a plan in place.
Much like local, state, and federal governments collect taxes to fund public services and programs, assessments are part of living in a community association. Homeowners have a responsibility to pay their assessments on time. Unfortunately, some owners refuse to pay or can’t pay assessments. What does that mean for the community? And how should board members respond?
