|Re: affordable cohousing, etc.||<– Date –> <– Thread –>|
|From: Rob Sandelin (robsanmicrosoft.com)|
|Date: Tue, 16 Aug 94 16:49 CDT|
In Washington State there are couple of good examples of how to do affordable housing. Both are set up as land trusts. The Opal land trust has 25 small houses and they are planning a small community room (a large scale commonhouse is way out of their means). The land for Opal was purchased with a grant from the WA state Housing Commission. One of the original members spent a month learning about and writing the grant. The funding for the home construction came from a local banks affordablilty programs. SInce they owned the land, the bank was happy to give them mortgages. I attended a funding seminar about a year ago where several groups doing low income housing and several banks came and shared info. The key message they all brought is that there is a large amount of programs available, many options and many ways to solve problems. Many of the federal programs have bright and eager young clerks who really want to help you. The draw back to many, if not all the programs, is that you have to do an enormous amount of documentation on income levels and that most have income caps. I heard awhile back that a group in California sold their project to Habitat for Humanity who then took over all the paperwork for them. Again the income caps were a problem but many of the group were teachers who qualified. Rob Sandelin Puget Sound Cohousing Network
Re: affordable cohousing, etc. Bob M . LKG1-3/A11 226-7570, August 16 1994
- Re: affordable cohousing, etc. Rob Sandelin, August 16 1994
Results generated by Tiger Technologies Web hosting using MHonArc.