Craft Homes LLC community will be established as a Metropolitan Special District By Deborah Goonan, Independent American Communities Is Colorado developer Tim Craft actually thinking outside the HOA box? Yes, according to a report on Denver 7 News. Craft says his new 900-home community, Independence, will be financed by a Metropolitan Special District (MSD) rather than a homeowners association (HOA). (Note: In the Denver area, a $300,000 new home is considered “affordable.”) No HOA, Continue ReadingColorado developer plans new 900-home community with no HOA
Owners also seek options to private water and sewer utility. By Deborah Goonan, Independent American Communities For more than two years, Spring Creek Association in Elko, Nevada, has been looking for the magic cure for its crumbling infrastructure. In addition to a variety of recreational amenities, the sprawling association has more than 5,400 lots, 150 miles of privately maintained roads, and an expensive but inadequate private water and sewer utility. Homeowners and several boards have Continue ReadingSpring Creek HOA needs $90M for road repair (NV)
By Deborah Goonan, Independent American Communities Today’s feature article caught my eye because, in the past year, I’ve heard from several homeowners concerned about the possibility of their voluntary homeowners’ association converting to a mandatory HOA. John Romano’s column in the Tampa Bay Times features Venetian Isles, St. Petersburg, Florida. The 50+ year-old waterfront neighborhood consists of 525 waterfront homes, neatly lined up on manmade islands along the western shores of Tampa Bay. Because of Continue ReadingShould homeowners shift from voluntary to mandatory HOA?
The architectural committee of the HOA is enforcing recently revised rules and regulations. Meanwhile, the board recently authorized further study of municipal and tax district alternatives. by Deborah Goonan, Independent American Communities For more than a year, Spring Creek Association has been exploring HOA alternatives that would shift maintenance and public services to a municipal government or tax district. Back in April of 2017, the Incorporation Committee received a report from Hansford Consulting, and Continue ReadingAs Spring Creek Association cracks down on deed restrictions, HOA considers governance options