• Melody Poulos

How did HOA's Start?

According to Wikipedia. "In the United States, a homeowner association (or homeowners’ association, abbreviated HOA, sometimes referred to as a property owners’ association or POA) is a private association often formed by a real estate developer for the purpose of marketing, managing, and selling homes and lots in a residential subdivision. Homeowners associations are commonly found in residential developments since the passage of the Davis–Stirling Common Interest Development Act in 1985.

The fastest-growing form of housing in the United States today are common-interest developments (CIDs), a category that includes planned unit developments of single-family homes, condominiums, and cooperative apartments."

According to the Community Associations Institute trade association estimated that in 2010, HOAs governed 24.8 million American homes and 62 million residents in the United States. Texas has more CID's than any other state in the U.S., approximately 4 million Texans live in some type of community association.

#Texas #HOATHERIGHTWAY #Texasassocaition #HOAfacts

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