Governor Hochul Declares Purposes Now Being Accepted For The $539 Million Home-owner Assistance Fund For Eligible Owners Vulnerable To Default, Foreclosures Or Displacement

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Anyone concerned in making selections for a group can benefit from working with a qualified HOA administration firm. Since 1990, we at Henderson Association Management have been offering a wide range of services for neighborhood associations. Whether you live in a single-family residence, condominium, or townhome, we’re ready to assist. Before requesting help via HAF, we ask that owners contact their servicer and/or a nonprofit housing counselor about your immediate choices.

In 2006, the AARP voiced concern that householders associations pose a threat to the financial welfare of their members. They have proposed that a householders “Bill of Rights” be adopted by all 50 states to guard seniors from rogue HOAs.

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Embezzlement from associations has occurred occasionally, as a result of dishonest board members or community managers, with losses as much as hundreds of thousands of dollars. Again, California’s Davis-Stirling Act, which was … Read More