What CARI Is
CARI is a unified 0–100 score that summarizes the financial health, governance quality, and operational integrity of a homeowners association. It is computed from live ledger data, attested governance records, and enforcement telemetry.
CARI is not a credit score. It does not evaluate individuals. It does not make lending decisions, insurance underwriting determinations, or legal recommendations. It is a pure signal — a structured, verifiable summary of association-level health for institutional consumption.
No CARI score is computed or shared without explicit consent from the HOA board.
Five Components
| Component | Weight |
|---|---|
|
Financial Health
Reserve ratio, delinquency rate, operating ratio, risk coefficient
|
30% |
|
Governance
Board attestation, governance risk snapshot, quorum compliance, policy coverage
|
25% |
|
Vendor Risk
Credential status, compliance alerts, COI coverage, BuildRated signals
|
15% |
|
Enforcement Integrity
Guard block rate, SLA compliance, override frequency, decision coverage
|
15% |
|
Payment Behavior
Prevented loss, dispute rate, collection efficiency, payment velocity
|
15% |
Each component score is derived from signals already computed by the platform. No survey data. No self-reported metrics. Every input is ledger-verifiable.
Grade Scale
Grades within each tier use +/− modifiers. A score of 97 is A+. A score of 93 is A. A score of 90 is A−. The same pattern applies through B, C, and D tiers.
Confidence Assessment
- HIGH All major signal categories populated ≥ 80%
- MEDIUM Core signals present, gaps in secondary ≥ 50%
- LOW Significant data gaps; score is directional only < 50%
Every CARI response includes a confidence level and a data completeness percentage. Consumers should weight scores accordingly.
Design Principles
- Consent-gated No score is computed or served without active HOA board consent. Consent can be revoked at any time, immediately halting all third-party access.
- Deterministic Same inputs produce the same score. Every computation includes a SHA-256 calculation hash. Scores are reproducible from their input signals.
- Immutable Score records are append-only. New scores supersede, never replace. The full time series is preserved for trend analysis and audit.
- Association-level only CARI evaluates the association, never individual residents. No personal data is exposed through the API.
- Transparent methodology Weights, thresholds, and signal sources are published. No black-box scoring.
Institutional API
GET /api/v1/cari/score/{hoa_id}/
Authorization: Bearer cari_key_xxxxx
// Response
{
"score": 87,
"grade": "B+",
"confidence": "HIGH",
"data_completeness": 92.5,
"content_hash": "sha256:a1b2c3...",
"methodology_version": "1.0"
}
API access requires an active subscriber agreement and API key. Tier-based rate limits and credit-based billing apply. Real-time webhooks notify subscribers of material score changes.
Institutional Reports
Lender Report
Financial health, delinquency analysis, reserve adequacy, and governance quality for mortgage underwriting decisions.
Insurer Report
Governance coefficient, prevented loss data, exclusion history, and enforcement integrity for D&O insurance pricing.
Title Report
Unit-level status, special assessments, litigation flags, and compliance gaps for closing and escrow.
Buyer Report
Simplified score, plain-language health summary, and peer comparison for prospective homebuyers.
Each report is generated as an immutable institutional artifact with SHA-256 content hash and version chain. Reports include unknown sections as first-class data — they emit truthful payloads, never omit.
Intended Consumers
Mortgage Lenders
Condo project review, Fannie Mae 1076 / Freddie Mac 1077 auto-fill, portfolio risk monitoring.
D&O Insurers
Premium indication, risk classification, claims prediction from governance and enforcement data.
Title & Escrow
Resale certificate automation, disclosure verification, closing acceleration.
HOA Boards
Self-assessment, peer benchmarking, governance improvement tracking, transparency to owners.