Are planners who are doing current project review concerned about the ability of developers / homeowners' associations to maintain common areas in subdivisions, based on the current economic situation, i.e. fewer homes being sold and HOAs not being formed or assessments too high for too few property owners. Have there been problems of this nature, or are any anticipated? Are any changes being made to covenants, conditions, & restrictions (CC&Rs) or conditions of approval to circumvent this possibility?
Thanks for your thoughts on this topic.