Homeowners Furious After Another Maintenance Fee Hike By Financially Struggling HOA; 50%+ Of Units Either Delinquent Or In Foreclosure

In Orange County, Florida, WOFL-TV Channel 35 reports:

• When Tom Beard learned that the Tivoli Village homeowners association wanted to increase his fees for the second time in as many years, he organized a petition signed by residents who refused to pay the increase. "It really angers me. I'm very frustrated. I'm in the same financial situation as a lot of other people in this subdivision and my wife and I have sucked it up. We don't drive nice cars, we don't go on vacation," Beard said.
  Residents here currently pay nearly $2,500 dollars a year in homeowners fees. The increase would add another $375.

• HOA members say they are $250,000 in the hole and can't pay their bills. Fifty percent of the units are delinquent in their fees, and another 20 percent are in foreclosure. "The reality of it is, in order for the association to support itself, the dues would have to go up, whether we still own lots in the community or not," said HOA president and developer Kyle Sanders. [...] At Tivoli Village, the developer still acts as the head of the homeowners association. He plans to approve the 15 percent increase and will place a lien on homeowner who don't pay, but residents like Beard say they're ready to fight for their rights.

For the story, see Homeowners furious over fee increase.