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.
For people across the world, winter holidays symbolize the turning of seasons, and with it, the bringing together of communities. For those living and working in community associations, the holiday season can present an opportunity to strengthen community ties. Small changes to your holiday newsletters and community decor can make a big difference to your residents.
In September, California Gov. Gavin Newsom signed AB 2159 into law, making electronic voting a possibility for California-based community associations. The new law marks just one of several recent developments for online elections in community associations, aiming to offer customizable ballots, real-time results, and secure processes.
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.
In August, the CAI Heartland Chapter and the CAI Missouri Legislative Action Committee initiated a lawsuit challenging a sweeping omnibus law that includes a provision prohibiting Missouri community associations from banning homeowners who want to own and raise chickens in their communities. The chapter and LAC argue the new chicken law infringes on their associations’ rights, and the suit seeks to assert the rights of homeowners associations in Missouri.
