Navigating large capital repairs can be stressful for self-managing condominium associations. CAI (Community Associations Institute) has published a guide to navigating these projects.
This guide helps community association leaders understand the connection between financing, communication, meetings, bids, the project team, and more.
The book comes at a time when community associations across the country face mounting costs to repair and maintain aging infrastructure with underfunded reserve funds. Local and state mandates as well as federal lending requirements are putting more pressure on community association board members and managers to complete critical capital projects.
Check it out here.