Different Kind of HOA, Same Old Corruption

Egads! In Brooklyn a non-profit foreclosure-prevention outfit is officially named The Homeowners Association. With all the bad stuff going on in HOAs around the country wouldn’t you think they’d choose a different name?

Maybe it was a Freudian slip? State officials are accusing the head of this outfit of diverting taxpayer dollars into her personal assets. Sounds like a Homeowners Association to me!

http://therealdeal.com/blog/2013/12/16/brooklyn-homeowner-group-chief-misspent-20k-comptroller/

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About

Ward Lucas is a longtime investigative journalist and television news anchor. He has won more than 70 national and regional awards for Excellence in Journalism, Creative Writing and community involvement. His new book, "Neighbors At War: the Creepy Case Against Your Homeowners Association," is now available for purchase. In it, he discusses the American homeowners association movement, from its racist origins, to its transformation into a lucrative money machine for the nation's legal industry. From scams to outright violence to foreclosures and neighborhood collapses across the country, the reader will find this book enormously compelling and a necessary read for every homeowner. Knowledge is self-defense. No homeowner contemplating life in an HOA should neglect reading this book. No HOA board officer should overlook this examination of the pitfalls in HOA management. And no lawyer representing either side in an HOA dispute should gloss over what homeowners are saying or believing about the lawsuit industry.

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