Quote:
Originally Posted by manaboutown
The VHA is another tool in the developer's sales/management kit. As I understand it the VHA started in 1990 or 1991 in response to the Property Owners' Association's looking out for the interest of homeowners versus those of the developer. I cannot recall the VHA ever taking action on behalf of homeowners against the interests of the developer. The developer settled a lawsuit with the POA for $40,000,000 or so. Villages Settles Lawsuit | POA of The Villages |
Here is what the POA website has to say about the formation of the VHA:
"In 1991, an unprecedented attempt was made to take over the POA when a slate of candidates was presented opposed to the continuation of the POA efforts in behalf of residents. The residents involved in the attempted takeover became members of the POA for the two months of November and December, and their dues were paid for by the Developer. These candidates were overwhelmingly defeated by a vote of residents. Some of the residents who were involved in the take-over attempt then formed the Developer supported Villages Homeowners Association (VHA)."