9 Must-Dos for a Thriving Community Association in the New Year
As the new year begins, it's the perfect time for
Community Associations to take stock of the past year
and make a plan for the future. Whether your community
is large or small, well-established or just getting started,
self-managed or professional managed, there are
certain key tasks that will help ensure your community
is running smoothly and effectively. In this article, we'll
outline the top 9 things your board should do in the
coming year to create a thriving community and
enhance property values for all.
1. Review your governing documents and handbook to
ensure the rules are fair, reasonable, and
2. Review your budget and establish a plan for
completing your maintenance and improvements to
common areas. Creating a calendar of events to
share with your community members will
3. Update your communication plan so you effectively
share updates with homeowners. It is encouraged to
hold regular meetings for owners to attend and to
publish minutes shortly after meetings occur.
4. Increase transparency by sharing more association
records and financial documents with owners. When
owners have access to information about how their
association is being run, they are more likely to feel
confident in the decisions being made and more
likely to support the board.
5. Draft a policy and process to address and resolve
conflicts and complaints in a timely and professional
6. Work with the community to identify and address
any safety concerns. Many associations are located
within a jurisdiction that provides free support from
local law enforcement.
7. Foster a sense of community and encourage
homeowner participation by creating a calendar of
community events that will take place throughout the
8. Actively seek out opportunities to improve the
neighborhood and enhance property values. Real
estate sales professionals living in your community
are great resources for help.
9. Meet with your insurance agent to ensure you are
maintaining proper insurance coverage for the
community and common areas.
New Year, New Goals: How to Set Effective
Goals for Your Association Board
It's a great time to set goals for your association board.
Setting goals can help your board focus its efforts, stay
on track, and measure its progress. Here are a few tips
for setting effective board goals:
• Be specific: Vague goals like "improve the
community" are difficult to measure and work
towards. Instead, try to set specific, actionable goals
that are clear and easy to understand. For example,
"install a new playground in the community park by
September" is a specific goal that can be easily
tracked and measured.
• Make them achievable: It's important to set
ambitious goals, but it's also important to make sure
they are realistic and achievable given your HOA's
resources and limitations.
• Review and adjust: As you work towards your goals,
it's important to regularly review your progress and
make any necessary adjustments. Communities are
ever changing, so there are times when you must
redirect your efforts and postpone certain projects.