DONATE

SEHEI.org
a 501c3

Shared-Expense Housing include Condominiums and Homeowner Associations

EXECUTIVE SUMMARY

Securing the Future of Condominiums and HOAs:
Our Strategic Partnership with
Florida International University

According to The Florida Bar Association Condominiums Life Safety Task Force, approximately 60% of Florida’s 1.5 million condominium units are more than 30 years old...and few are fully funded in their reserves.

The Overlooked and Underrated
Affordable Housing Opportunity

These older, well-established non-profit housing associations -- often 20 years or more into their life -- quietly offer some of the last remaining affordable paths to homeownership, especially for:

  • First-Time Home Buyers
  • Downsizing Seniors
  • Lower Income Families and Singles

Benefits of this Entry-Level Form of Home Ownership

  • First Rung on the Ladder of Home Equity Building
  • A Path to Generational Wealth
  • Peace of Mind: Stability, Safety, Security and Order.

A Vision for a Better Future for
Sustainable Condominium Ownership

  1. Periodic Building Inspections, Reserve Studies, Adequate Reserve Funding
  2. Preventive Maintenance Check Lists
  3. Hands-On, Day-to-Day, Pro-Active Property Management
  4. Understanding of Financial Health Basics for condo owners, new buyers, board members, real estate agents and home inspectors
  5. Ongoing Monthly Building Repair and Community Event Updates
DONATE

Our Educational Tools
work together like pieces of a puzzle

  1. Condominium Board Member Training Certificate Program

    100% fulfills and exceeds mandatory Florida DBPR Board Education Requirements

  2. CCHOAM™ – Chartered Condominium/HOA Manager Certificate Program

These two integrated programs teach many of the same concepts, philosophy and vocabulary to help board members and managers work together with greater shared understanding and collaboration.

Education is a key part, but not the ONLY part of the long-term stabilization of shared expense housing

We’ve learned over the years that Board Member and Manager education deliver more desired outcomes for all Associations, when there is a state regulatory baseline which mandates Best Practices such as:

  • Long-Range Financial Reserve Studies
  • Structural Integrity Engineering Studies
  • Annual Reserve Minimums
  • Mandatory Training of Board Members
  • Full disclosure of all mandatory data to owners, new prospective buyers, insurers, Mortgage Companies and inspectors.

SEHEI and FIU
Securing a stronger, more sustainable future for our homeowners
patrickh@SEHEI.org