Not connected in any way with the official HVLA site
    If you don’t learn about HOA’s, you’ll never understand….
Beginning 1968-80
1968
 - Started by Boise Cascade
Corp.
1970
 - Control assumed by HVLA
1970’s
 - Few houses.  Many people
came to golf, use the Lake and
camp.  Many bought lots for later
development - after retirement. 
Middle 1980-1999
1980’s
 - Still a small community. 
Loosely governed by Board of
Directors. 
 
Late 80’s
 -
Receivership
 
1990’s
 - Investors/Speculators
purchased properties.  Many became
 delinquent in dues and taxes.
Late 1990’s
 - Concerns for fiscal
survival loomed.  Efforts made to
reduce delinquencies, largely
unsuccessful, but falsely portrayed
as successful!
Recent   2000 - 2019 
Bernie Madoff fooled thousands of
people for years.  In HVLA
thousands of people have been
fooled for 25+ years.  Self-absorbed,
narrowly-focused leadership caused
serious damage to HVLA.
From about 2000 through early 2015
HVLA suffered from serious
mismanagement and corruption.
Lack of standards and consistency
in fiscal management, personnel,
contracting, facilities management
and long-term planning prevailed.
Corruption in contracting, fiscal
management and personnel became
typical.
Since 2015 improvements have been
made (thorough audit; independent
reserve study), but damage caused by
losses from the 2000-15 period has
remained mostly ignored  -  $10-15
Million!  
  MORE HISTORY -- All Updated 4/19
        “To know your future, you must know your past...”
1992
 - Hired first professional
management.
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ALL NEW Information 4/19