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The Homeowner Leader of the Year Award recognizes an individual homeowner leader who has made significant contributions to their community as a member of the governing board of directors and who exemplifies the highest level of ethical conduct and good governance principles. The award was established through a major contribution by Linc Cummings and his wife Martha Klein to the Foundation for Community Association Research. Award recipients receive a free registration to the CAI Annual Conference and Exposition, and a $1,000 stipend to offset expenses for the event. The award is presented annually in conjunction with the CAI Annual Conference and Exposition, and is by nomination only. Nominees must demonstrate exceptional dedication to their community association through their service on the governing board, embodying the highest standards of ethical conduct and governance.

The Roy Hailey Memorial Education Scholarship supports the professional growth of community association managers through access to CAI's Professional Management Development Program (PMDP). The scholarship covers full tuition for one PMDP course (a $579 value) for managers seeking to earn professional credentials including CMCA, AMS, LSM, and PCAM designations. Established by Pam Bailey and Marc Markel to honor Roy Hailey, a trailblazer in the legal and community association industries, the scholarship has been providing support since 2015 to foster professionalism and excellence in community associations. The scholarship is intended for managers pursuing initial credentials and is not for redesignation or maintenance of existing credentials. It supports both self-paced online and live virtual learning opportunities through CAI's credentialing pathway. The endowment ensures that financial barriers do not prevent qualified managers from progressing in their professional development and achieving prestigious industry designations. Applications are accepted year-round with three review cycles: Spring (deadline March 31), Summer (deadline July 31), and Fall (deadline November 30). The scholarship helps community association managers across the United States advance their education and strengthen the educational pipeline for current and future industry leaders.

The Foundation for Community Association Research (FCAR) awards its Byron Hanke Fellowship to selected graduate students to implement research projects related to the development, management and governance of common interest communities and their community associations. Hanke Fellows conduct specific research activity and use results and analysis to produce a comprehensive paper or thesis that relates to one of the Foundation's priority research topics. Projects may focus on either applied or theoretical research, with particular interest in substantive papers from the social sciences that place community association housing within political or economic organizational models. The fellowship is designed to expand or enhance existing theory, knowledge, or data collection and help advance the Foundation's mission. Fellows receive stipends ranging from $3,000-$5,000 over one year, paid in three equal installments as the project progresses from acceptance through completion.