The HBCNA operates as a non-profit corporation. The HBCNA represents a community of thirteen streets located on the Hudson Bend Peninsula, on Lake Travis in Austin, Texas. The purpose of the association shall be to protect and promote the quality of life and the value of property in our neighborhood. Membership is open to all persons interested in the objectives of the association regardless of race, creed, sex, or national origin. The association has two levels of membership. The designation and qualifications of members are as follows. A “Regular Member” is an owner of record of at least one property in the Hudson Bend Colony No. 1 and or No. 2 and wishes to support the objectives of the association, agrees to abide by its bylaws and pay annual dues. An “Associate Member” is any other individual interested in the objectives of the association, agrees to abide by its bylaws and pay annual dues.