Helen H. Richardson, The Denver Post
An entrance to one of the many neighborhoods in Green Valley Ranch on March 30, 2022 in Denver. Green Valley Ranch homeowners are facing a slew of HOA foreclosure notices. The number of potential home foreclosures brought by an HOA on the south side of DenverÕs Green Valley Ranch area was so disconcerting to city officials that they are holding a community meeting on Saturday offering resources for homeowners. Fines and fees levied by the Master Homeowners Association for Green Valley Ranch (MHAGVR), and homeowners whoÕve failed to comply with the HOAÕs notices, are driving the foreclosure threat with 68 homeowners impacted since Jan. 2021, according to city officials. In 2021, the number of HOA foreclosure notices filed throughout all of Denver was 119, said Britta Fisher, executive director of the cityÕs Department of Housing Stability. The Green Valley association alone filed 50 of the 119 HOA notices last year. ÒWe are trying to help, we want to be available and be there,Ó said Denver City Council President Stacie Gilmore, of District 11, who represents the area.
Gilmore received an email on Feb. 8 from a constituent who faced a foreclosure notice and who asked for assistance. Within about a week Gilmore became aware of 10 other area homeowners who were also in peril of foreclosure. ÒItÕs mostly from HOA covenants on homes,Ó Gilmore said. ÒRequirements like you canÕt paint your home a certain color, or you canÕt leave a trash can in the street, or you didnÕt take down a basketball hoop in the driveway. If homeowners fail to comply, they most likely get a warning and if itÕs not taken care of, fines are levied.Ó When homeowners fail to act, fines compound with late fees and interest and sometimes attorneyÕs fees. 
Getting your player ready...
A bill to add more protections for Denver homeowners before a homeowner association can initiate foreclosure proceedings got the initial OK to move forward to the city council, the latest policy change spurred by the HOA actions at Green Valley Ranch.
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