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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.
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.
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 ...
Living in a Michigan homeowners association can come with its pros and cons. Debates over imposed rules, violation notices and fines can quickly become the hot topic of a neighborhood.
HOAs are generally established at the time a residential neighborhood is built and sold. Sometimes older established neighborhoods form an HOA to help regulate rules and standards. In some cases, neighborhood associations exist simultaneously with HOAs, and each may not encompass identical boundaries.
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 ...
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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 ...