The Rocky Mountain chapter of the Community Associations Institute, an umbrella group for homeowners association boards and management companies, is offering an educational seminar Friday, April 29, for HOA boards and professionals focusing on surviving the economic downturn.
It’s open to the public and will provide tips for HOAs facing declining dues and experiencing neighborhood foreclosures, delinquencies and bankruptcies
“Running an HOA is like running a business,” said Brian Terhark, president of the Community Associations Institute – Rocky Mountain chapter. “HOA boards and managers are trying to understand what the impact is to their bottom line.”
CAI reports a recent national survey found that more than half of the nation’s estimated 310,000 HOAs are enduring financial strain and 54 percent of the responding HOAs described their problems as “serious” or “severe.”
The conference is part of CAI-RMC’s annual Spring Showcase Conference. Open to the public, this is the largest conference of its kind for Colorado HOAs and offers educational sessions to HOA managers, volunteer board members, homeowners and industry professionals who face increased challenges from the recession.
The HOA conference is scheduled for 7:30 a.m. to 6 p.m., Friday, at the Wings Over the Rockies Air & Space Museum, 7711 East Academy Boulevard, Denver, 80230, in Denver’s Lowry neighborhood.
For more information, go to www.hoa-colorado.org or call 303-951-4973.
Events Schedule – $70 registration fee includes: