budget

How Can My Condo Association Fund a Building Capital Improvement?

As buildings age, capital improvements become necessary for maintaining the property and improving the overall quality of life for residents. Whether it’s a roof replacement, window upgrade, or other significant repair, these projects can be major expenses for condo associations, and one of the biggest challenges facing Chicago condo communities is how to fund these …

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3 Ways Your Condo Association Can Fund Capital Improvements

Capital improvement projects are an important part of maintaining and improving the value of a condo association property. These projects can include major repairs, replacements, and upgrades such as roof replacements, window replacements, and landscaping renovations. Despite the importance of capital improvement projects, funding these projects can pose significant challenges for associations, especially if they …

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