Governent Grants for HOA's

Started by ThomasN2 • 6 replies • 6083 views

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ThomasN2 (Nevada)
Posts: 2

Posted:

Our Association was mandated by Federal EPA to resurface the entire area to meet Federal EPA drainage standards. Anyone know or have experience with filing for Federal Grants ? We are looking at a million dollar project we can ill afford.

MelissaP1 (Alabama)
Posts: 13,836

Posted:

May be an insurance claim than a grant. May need to get a loan. A HOA is only funded by it's members for it's members. So it will have to find a way to fund this amongst all the owners. A HOa may NOT qualify for government grants as it is more of an incorporated "club" and membership changes based on ownership at any given time.

Former HOA President

TimB4 (Tennessee)
Posts: 21,059

Posted:

Quote:

Posted By MelissaP1 on 05/10/2012 4:45 PM

A HOa may NOT qualify for government grants as it is more of an incorporated "club" and membership changes based on ownership at any given time.

I'm not sure that is correct. It certainly might limit the available grants but I don't think it rules them out completely. I have never gone through the process. However, I can provide a link to federal grants:

http://www.grants.gov/search/advanced.do

Here are a list of grants administered through the EPA http://www.epa.gov/epahome/grants.htm

The worst thing that can happen is you've expended the energy submitting for the grant and are told no.

Additionally, if this was supposed to be done when the property was built, it might have been the developers responsibility. Depending on the length of time, there may or may not still be a performance bond available to get hold of. Can't hurt to check.

As Melissa said, your Insurance might kick in for some of it.

Hope this helps,

Tim

LarryB13 (Arizona)
Posts: 4,099

Posted:

A million dollar project being forced upon you is reason enough to consult an attorney or maybe even two: one specializing in environmental law and one specializing in construction law. You need to know where you stand.

You may have claims against not only the builder but against local building officials if they permitted non-compliant construction or if they neglected to detect that the drainage was not built according to plans.

An attorney may also be able to assist you in negotiating a scaled-down remediation plan.

Also, have you contacted your congressman? It's an election year and he cannot afford to turn his back on a group of voters being harassed by a federal agency.

KellyM3 (North Carolina)
Posts: 2,239

Posted:

Sometimes grants are available but it's up to you to find them since they must be searched.

I like the recommendation to contact your local congress member/US House member.

I wouldn't recommend an insurance claim as I'm not aware of policies covering federal regulatory rulings. Besides, you'll only bring an insurance agent onto your property. Much more downside than upside.

You'd think the Feds wouldn't.......wait a minute.

ThomasN2 (Nevada)
Posts: 2

Posted:

Great ideas, thanks for the direction and advice, this forum is a huge help. This park is over 60 years old and this new regulation is a new Federal EPA policy so the builder and grandfather will not apply, so off I go to the elected officials. Another Washington unintended consequence.

Thanks again.
Tom

JohnB26 (South Carolina)
Posts: 1,569

Posted:

i would look into the possibility of a county 'special tax district/ .... paying is usually spread over 5-10 years .... county takes over the drainage .... downside: cost(s) become property taxes, no pay -> lose property

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