Cypress Creek Homes at Joshua Station Condominiums

What Cypress Creek Homes at Joshua Station Condominiums's governing documents say

This is a full condominium declaration for Cypress Creek Homes at Joshua Station Condominiums, a 181-unit community in Joshua, TX. Until the end of the federal affordability period, all units are owned by the developer (Declarant) and cannot be individually owned or occupied. After that, at least 145 units remain permanently affordable under HOME and Low-Income Housing Tax Credit (LIHTC) agreements. This document governs the rights and obligations of current and future unit owners, tenants, and the association, with affordability restrictions binding all parties.

• Affordability & income restrictions: 145 of the 181 units are designated as affordable under the HOME LURA and HTC LURA, which impose income limits and rent restrictions. During the federal affordability period, all 181 units must be owned solely by the Declarant. After that period, the 145 affordable units remain subject to the LURA restrictions; transfers or leases must comply with Department approval and rights of first refusal.
• Ownership & transfer restrictions: Until the end of the federal affordability period, no unit can be separately owned or occupied—all units remain under a single owner (Declarant). After that, transfers of affordable units require approval by the Texas Department of Housing and Community Affairs and are subject to rights of first refusal. All transfers must comply with the HOME LURA and HTC LURA.
• Assessments & fees: Each unit has an allocated interest of 0.5525% in common expenses (1/181). Monthly assessments, special assessments, and individual assessments may be levied by the association. Delinquent assessments accrue interest at up to 18% per annum and late fees. The association may suspend voting rights, pursue money judgments, or foreclose on the unit's lien.
• Maintenance responsibilities: Unit owners maintain and repair their own unit, including all systems, fixtures, and appliances that serve only that unit. The association maintains all common elements, unless responsibility is allocated among members. Costs are common expenses. The association may regulate exterior design and improvements to preserve architectural harmony.
• Use restrictions & enforcement: Units may be used for any use allowed by the Texas Uniform Condominium Act or legal requirements. Only the association, Declarant, or a unit owner may enforce the governing documents—tenants and other persons have no enforcement rights. Owners must comply with the declaration, bylaws, regulations, and the LURAs.
• Voting & governance: Each unit owner gets one vote per allocated interest (0.5525% per unit). Voting rights may be suspended for payment delinquency of 30+ days. Amendments to the declaration generally require 67% approval; certain changes (e.g., altering units, increasing number of units) require 100% owner consent. Declarant may unilaterally amend for reasons permitted by the Act before units are conveyed.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.