This is literally what American HOAs are becoming.
Precisely. But it's very hard to discover what the HOA is like before moving, unlike, say, a town. In some cases you literally would have to pay money to get a copy of the regulations. The neighborhood I live in now has a couple minor nuisances that a HOA would probably fix, but I'm happier living there than in a microprincipality run on nosiness and passive aggression.
Fun fact! What would be an illegal bribe to a city employee (eg planning/permitting department) isn't illegal if it's an HOA instead.
No wonder they're popping up everywhere!