Close to 9 in 10 homeowners living in a community association rate their overall experience as positive, according to a new report from the Foundation for Community Association Research.
A well-crafted welcome packet can help community association leaders make a good first impression, cultivate positive feelings toward the community, and potentially get someone involved as a volunteer down the road.
An estimated 66% of all new home construction in 2020 will be built in homeowners associations, condominiums, or housing cooperatives, according to the Foundation for Community Association Research.
Development patterns across North America have focused on building infrastructure as an indicator of growth without considering impacts to long-term financial resilience and access to affordable housing options, says engineer Chuck Marohn.
New guidelines issued by the U.S. Department of Housing and Urban Development will allow more condominium units to be eligible for mortgages insured by the Federal Housing Administration—making homeownership more attainable for first-time buyers.