A Tennessee neighborhood could lose one of its most recognizable buildings after an alleged HOA fund mismanagement scandal left residents without enough money to save it.
With a state investigation underway into the subdivision's property management company, homeowners in Brentwood's Williams Grove say their longtime clubhouse has deteriorated badly.
Here's what to know
According to News Channel 5, in 2020, homeowners in the Brentwood Williams Grover neighborhood became aware of financial issues after Gasser Property Management began leaving bills unpaid and ignoring basic maintenance.
While residents declined to note how much money was taken from the Home Owners Association, News Channel 5 noted that Gasser Property Management and its owner, Emery Gasser, are currently under investigation by the Tennessee Bureau of Investigation.
Now, as the case moves forward, homeowners are grappling with a new reality: how to cover the costs to repair a deteriorating neighborhood clubhouse with no money.
According to News Channel 5, it could cost more than a million dollars to restore the historic white-frame farmhouse to its original condition.
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For homeowner Lara Batey Sanders, saving the structure is about both its history and its craftsmanship: "I would be devastated. Anytime you have the opportunity to save history of something, we all should work towards that."
Despite the history, the outlet noted that demolition may be the only option if homeowners cannot afford repairs.
More background
When funds intended to support basic neighborhood maintenance and bills go missing, homeowners can face unexpected shutdowns, declining home values, and the loss of historic properties.
This story offers a warning to HOAs to always work with vetted, trustworthy property management companies and contractors.
HOAs can also shape household finances. Across the country, some associations have drawn criticism for blocking money-saving home upgrades such as rooftop solar panels or native plant lawns, even when those changes could lower utility bills, reduce water use, and cut maintenance needs.
HOAs can help preserve shared spaces and maintain property standards, but weak oversight or restrictive rules can also create costly problems for the very people paying into them.
What's being done?
Residents are working to rebuild the HOA's finances while seeking outside assistance to preserve the clubhouse.
The dispute has already influenced policy in Tennessee. NewsChannel 5 reported that its coverage of Gasser Property Management helped lead to a Tennessee law, signed by Gov. Bill Lee, that requires a special insurance policy for HOAs.
Reviewing bylaws, attending meetings, and learning more about working with HOAs can also help residents advocate for practical updates, including rules that support cost-cutting home improvements instead of standing in the way.
Residents in the neighborhood told News Channel 5 that the ordeal has prompted them to rethink how much they rely on outside management as they try to recover.
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