Effects of the Foreclosure Crisis on Homeowners Associations
2016
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Effects of the Foreclosure Crisis on Homeowners Associations
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2016
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Resilient communities Project (RCP), University of Minnesota
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Report
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This project was completed as part of the 2015-2016 Resilient Communities Project (rcp.umn.edu) partnership with Carver County. To assess whether homeowners associations (HOAs) in Carver County are likely to benefit from the financial assistance that a home improvement area (HIA) would provide, a student in PA 5261: Housing Policy, assessed the number and location of townhouse and condominium HOAs and the age of buildings in the Carver County cities of Mayer, Norwood Young America, Chanhassen, Chaska, Victoria, Watertown, Waconia, Cologne, and Carver. Working in collaboration with project lead Brenda Lano from the Carver County Community Development Agency, the student reviewed previous research and case studies of HIAs in other communities, and ultimately concluded that there is a need for HIAs in Carver County. The students' final report is available.
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Report completed by a student enrolled in PA 5261: Housing Policy, taught by Dr. Edward Goetz in spring 2016.
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This project was supported by the Resilient Communities Project (RCP), a program at the University of Minnesota whose mission is to connect communities in Minnesota with U of MN faculty and students to advance local sustainability and resilience through collaborative, course-based projects. RCP is a program of the Center for Urban and Regional Affairs (CURA). More information at http://www.rcp.umn.edu.
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