Green Valley Ranch HOA filed 50 foreclosures in 2021, city says

Описание: City leaders and homeowner advocates are calling for an investigation and change after the Master Homeowners Association for Green Valley Ranch filed 50 foreclosures in 2019.

This is according to a letter sent to Denver's city council from Sabrina Allie, the communication and engagement director for the city's department of housing stability last week.


The letter said that citywide, there were a total of 119 foreclosures filed by homeowners associations in 2019. Most organizations filed no more than five, according to the letter.

"GVR or Green Valley Ranch exemplifies the need for HOA reform," said Stan Hrincevich with the Colorado HOA Forum, an advocacy group for HOA homeowners. "There are abusive practices that have to be contained and you should not lose your house over the lawn being 2 inches higher than it is."

Homeowners in the neighborhood have said the foreclosures are due to unpaid fines.
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