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Financial impacts: What the costs of COVID-19 mean for community associations

Ungrated

Close to a year since the COVID-19 pandemic upended our lives, we now have some insight into its financial impacts on community associations. Higher operating expenses and unanticipated costs due to the ongoing global crisis pose challenges to association budget projections, reserves planning, and maintenance requirements.

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Embracing change: Adapting community association management to a pandemic

Ungrated

More than a year into the global crisis, community association management companies and managers continue to show flexibility and improve existing processes to serve boards and residents. The pandemic has provided insight for many in the community association management profession, especially as they consider long-term changes.