Study Shows 70% of HOAs’ Reserves are Under 70% Funded

A 2013 study by Association Reserve’s Inc., a industry leader in homeowner association reserve studies, has determined that over 70% of homeowners associations are under 70% funded. The findings are based on an analysis of more than 30,000 reserve studies prepared over a 21 year time period. The company has concluded that underfunded reserves is a financial reality that homeowners associations must learn to deal with.