Days before a new Virginia "homeowners' bill of rights" law goes into effect requiring community associations to hold open meetings and provide access to financial records, a new nationwide poll released by the Community Associations Institute Research Foundation reveals that the majority of community association homeowners have an extremely positive opinion of their community. The poll was conducted by the Gallup Organization over a three-month period earlier this year.
The Foundation will release the results of its National Survey of Homeowner Satisfaction, including opinions on community association financial accountability, safety and security, property values, rule enforcement and communications, at a press conference Wednesday, June 23. The press conference will be held at the National Press Club, Murrow Room, National Press Building, 13th floor, Washington, D.C., at 1:30 p.m.
The Community Associations Institute Research Foundation, a 501(c)(3) corporation, was founded in 1975 to serve as the catalyst for positive change in the community association industry. The Foundation promotes community association research, development and scholarship by illuminating future trends and opportunities, supporting and conducting research and mobilizing resources. The Community Associations Institute is a nonprofit association created in 1973 to educate and represent the nation's 205,000 community associations—condominium associations, homeowner associations and cooperatives. CAI members include homeowners, associations and related professionals and service providers.