What’s Going On With the "$1.65 Million HOA Loan"? Why Are We Still in the Dark?
An alleged loan of this size affects every homeowner financially — and unclear “safety” language can be used to justify nearly anything. With ongoing pressure from the community, more transparency may finally be possible.
💬 “They sent an email about the loan,” a resident said, “but didn’t disclose the amount — or explain why we needed it”
Our HOA reportedly took out a $1.65 million loan to address “safety issues” — but homeowners may be left wondering: What is this loan? What exactly are these safety issues? Why haven’t we seen a clear explanation or plan? What relates to past work vs future work? Multiple confidential sources within the community have expressed frustration over transparency and unanswered questions.
Below is a photograph of the 2025 annual budget report which shows the $1.65 million loan:
This isn’t a college dorm or a hotel. These are our homes and investments. We pay $1,200+ HOA dues every month, and now there’s a real risk those dues will go up even more to repay a massive loan — without us being able to ask questions about what it’s for.
This isn’t “just” a matter of paying back the $1.65 million. It’s about the interest. It’s about the allegations of lack of transparency and dishonesty from the HOA:
Why This Matters
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Financial Impact: Our already high HOA dues could increase to repay a loan of such a size — and we need to know what we’re paying for.
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Community Voice: Without clear information, residents are left guessing and concerned about the future of our investment.
Our home and our finances are on the line. It’s time for the board and management to stop delaying and start answering homeowners’ questions openly and honestly.
Together, we can ensure our community’s safety and financial health without being left in the dark.