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Neighborhood Association vs. HOA

Is this not just another Homeowners Association?

The following table depicts just a few of the distinctions between a Neighborhood Association (NA) and a Home Owners Association (HOA):
HOA
NA
Mandatory: Property owners within boundary
Y
-
Voluntary: Ensuring the Association works for you
-
Y
Includes everyone in the community (incl. renters, businesses)
-
Y
Enforce restrictive covenants / Architectural controls
Y
-
Provide Services; e.g. garbage collection, common areas
Y
-
Advocate for compatible development
-
Y
Representative voice for community
-
Y
Safety and Security
Y
Y

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