For new associations under development please provide the following information for evaluation of risk eligibilty:
- The total number of members (homes) that will ultimately be in this association?
- How many are now completed?
- How many are contemplated to be constructed within coming 12 month period?
- How many homes will be constructed in total for Phase 1?
- Did the developer maintain insurance coverage for this association from the beginning of it’s incorporation?
- Does the developer or their representatives hold more than half of the seats on the board of directors?