What is the difference between the GVR Metropolitan District and a Homeowners Association?
Metropolitan Districts are local governments, subdivisions of state government, that are established to provide any number of public services including water and sanitation, parks and recreation, fire protection, mosquito control, architectural control, safety, public infrastructure and other services as allowed by the District’s Service Plan. Metropolitan Districts are typically funded by a combination of property taxes, grants, fees and charges. A Homeowners Association is a non-profit organization of property owners that typically enforces residential covenants, manages common property and provides services common to the property owners. A Homeowners Association is typically funded by dues, fees and penalty charges. The functions and services that a metropolitan district can provide are significantly greater than those that a homeowners association can provide.
Related Questions
- What types of documents should be included in an ERP application to provide the District the assurance that the homeowners association has the means to maintain the stormwater system?
- What is the difference between the GVR Metropolitan District and a Homeowners Association?
- Why can the District use money from the Greenfield Place Homeowners Association first?
