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A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community) is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents. [1]
The couple, who live in Frisco, Texas, owned their $300,000 home free and clear. But when Michael, an Army reservist, was deployed to Iraq, his wife got into a funk and failed HOAs: What ...
HOAs can serve as facilitators of neighborly interaction and camaraderie. Through social events, community newsletters, and shared amenities, HOAs encourage residents to engage with one another ...
Some critiques of how HOAs operate exist and offer greater scrutiny along the lines of this particular criticism (and many persuasive arguments for readers' consideration, i.e., such as the following citation focusing on the problem of volunteer board members ruling on upholding fines assessed by a for profit management company against other ...
Petty tyrants can make a homeowner miserable, but associations help keep neighbors responsible and property values high. [Opinion]
Texas allows a deduction, with additional exemptions available for county taxes, people over 65 and people who are disabled. It also requires school districts to offer a $25,000 exemption (but not other taxing districts, such as cities and counties). [11] Texas further limits the assessment increase on a homestead to 10% of the prior year's value.
The number of HOA governed homes is increasing in the U.S., and it is only a matter of time before you, or someone you know, considers moving into one.
The Inclusive Communities Project is a Texas-based non-profit organization that helps low-income families obtain affordable housing. [5] In 2008, they filed suit against the Texas agency responsible for administering these tax credits, claiming it disproportionately allocated too many tax credits "in predominantly black inner-city areas and too ...