Network sparsification is the task of reducing the number of edges of a given graph while preserving some crucial graph property. In community-aware network sparsification, the preserved property concerns the subgraphs that are induced by the communities of the graph which are given as vertex subsets. This is formalized in the $Π$-Network Sparsification problem: given an edge-weighted graph $G$, a collection $Z$ of $c$ subsets of $V(G)$ (communities), and two numbers $\ell, b$, the question is whether there exists a spanning subgraph $G'$ of $G$ with at most $\ell$ edges of total weight at most $b$ such that $G'[C]$ fulfills $Π$ for each community $C$. Here, we consider two graph properties $Π$: the connectivity property (Connectivity NWS) and the property of having a spanning star (Stars NWS). Since both problems are NP-hard, we study their parameterized and fine-grained complexity. We provide a tight $2^{Ω(n^2+c)} poly(n+|Z|)$-time running time lower bound based on the ETH for both problems, where $n$ is the number of vertices in $G$. The lower bound holds even in the restricted case when all communities have size at most 4, $G$ is a clique, and every edge has unit weight. For the connectivity property, the unit weight case with $G$ being a clique is the well-studied problem of computing a hypergraph support with a minimum number of edges. We then study the complexity of both problems parameterized by the feedback edge number $t$ of the solution graph $G'$. For Stars NWS, we present an XP-algorithm for $t$. This answers an open question by Korach and Stern [Disc. Appl. Math. '08] who asked for the existence of polynomial-time algorithms for $t=0$. In contrast, we show for Connectivity NWS that known polynomial-time algorithms for $t=0$ [Korach and Stern, Math. Program. '03; Klemz et al., SWAT '14] cannot be extended by showing that Connectivity NWS is NP-hard for $t=1$.