| Nearly 80% of new homes built for sale in the US are in homeowners' associations or other similar communities. HOAs charge residents monthly dues for the upkeep of shared space, but this can add to the expense of homeownership. HOAs also wield a lot of power: Strict codes govern what owners can do with their homes, including who they can rent them out to, and seemingly small violations can draw big fines. As Sarah Holder previously reported, HOAs in some states can foreclose on a property, even over the bank, if an owner falls behind on payments. Holder joined Bloomberg's Big Take podcast to share the story of one Colorado family whose home was foreclosed by their HOA over unpaid charges, and sold for a fraction of what it was worth. Today on CityLab: HOA Fees and Fines Can Worsen Housing Affordability Crisis – Guillermo Molero A $500 Million Bid to Bring New Monuments to the US
The Mellon Foundation is doubling its investment in the Monuments Project, a grantmaking initiative that helps communities create new memorials to overlooked histories. Why Does Spotify Think You Belong in Burlington?
The streaming platform added a map to its end-of-year roundup of listening habits. It revealed something not-so-surprising about how geography and music taste are linked. Soaring Canadian Housing Costs Power a Population Boom in Alberta
The energy-rich province is welcoming newcomers priced out of other parts of the country. | 
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