Happy Labor Day! I hope you are enjoying your long weekend and aren't too soggy from this weekend's rash of storms!
This week was more than just a long weekend. We got some 'back to school' help for board members, a possible return of redlining, FHA certifications and more this week in Community Association Management.
As an educated member of the Community Association Management industry, you already know how crucial it is to stay informed and up-to-date on the latest news, trends and happenings within the industry. Each week, we bring together our favorite reads of the week and share them with you! Enjoy the CAM Mash Up and please share it too!
Taking it Personally
Are you too close to the decision your community is trying to make? "When board members, owners, professional advisors or legislators allow their personal feelings, grudges and biases to cloud their judgment and inform their behavior the community as a whole suffers."
I currently live in one of the cutest communities I have ever seen. It is complete with the most darling coffee shop, several make-shift libraries on random street corners as well as our very own community garden. The garden grows not only vegetables and herbs but it also harvests friendships among neighbors. What an amazing concept. It looks like this community had the same idea!
Infested with... Renters?
"One of the things that creates an obstacle for some associations in obtaining FHA certification is the requirement that 50% of the units must be owner-occupied. A new law changes this requirement, however, in a way that benefits condo associations, purchasers, and developers."
Cut Off One Head, 2 More Grow
Remember redlining? It was the process in the past where banks withheld loans to people in certain 'less desirable' neighborhoods, and it led to massive systemic discrimination. You may have thought the process ended in the late 60's, but a recent lawsuit filed in New York says that private equity firms have been buying up delinquent mortgages in predominantly black neighborhoods and employing some seriously sketchy tactics.
How to Eat an Elephant
Major projects can be a bit intimidating to begin. But as long as you have a plan in place, and you take those first steps, you are well on your way completion and project success! Take a look at thi’s plan of action when it comes to large projects. Hint: Visualization.
Back to School
So, you’ve been elected as a board member for your HOA? Any idea what that job entails? It might be a good idea to become a little more educated of what your roles and responsibilities will be in your newly elected position. Back to school you go!
Communication is obviously the key to any successful, healthy relationship. That is old news. But did you ever think that it also applies to your HOA? Check it how you can improve your HOA as well as your relationships with your homeowners but sharpening your communication skills.