An alternative to loans for the commonhouse | <– Date –> <– Thread –> |
From: Rob Sandelin (floriferous![]() |
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Date: Wed, 6 Oct 1999 14:21:02 -0600 (MDT) |
At Sharingwood, the commonhouse was financed by a common assessment on all owners and buy member loans which were repaid, with interest, from future income. We also built most of the building ourselves, using member talents and labor. It was a big project, and we accomplished it without having any sort of work requirement, just pure volunteer interest. It was a really great adventure and a lot of good fun and memories. I would do it again that way myself, but then I enjoy working with my hands and am not afraid to get dirty. I personally put in 200 hours of time into the project doing various tasks. I took 3 days off work to do some all day work parties, like foundation and roofing. I think the whole thing cost us $135,000, although I could be wrong, it may have been cheaper. Rob Sandelin Northwest Intentional Communties Association Building a better society, one neighborhood at a time
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