Re: commercial ventures as part of cohousing | <– Date –> <– Thread –> |
From: Diane Simpson (cohotheworld.com) | |
Date: Sun, 29 Jun 2003 12:47:02 -0600 (MDT) |
I would carefully look into the tax credit situation ahead of time and see how that is going to affect the rental of space in your common house, if you ever decide to do that. It is my understanding that buildings that are financed with tax credits cannot charge for the use of the space. (It might pertain to buildings that are ENTIRELY financed with tax credits, I'm not sure.) Just check it out and make sure it's something you're OK with before you sign on to the idea.
--Diane Simpson JP COHOUSING 617-524-6614 P.O. BOX 420 BOSTON MASSACHUSETTS HTTP://WWW.JPCOHOUSING.ORG "The people who surround you define the quality of your life."= = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = =
From: Rodney Elin <elin [at] rff.org>On Sun Jun 29, 2003 11:28:18 AM US/Eastern Rodney Elin <elin [at] rff.org> wrote:I am a member of Eastern Village Cohousing, which is currently under development in Silver Spring, Maryland, and several members of ourFinance/Legal Team have some questions about some issues that seem to be unique to cohousing. Eastern Village is being built in the middle of Silver Spring's newly designated Arts and Entertainment District. Our developer would like to take advantage of this districting by providing commercial space for artists and galleries in our Common House, and thus gaining taxcredit.
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commercial ventures as part of cohousing Rodney Elin, June 29 2003
- Re: commercial ventures as part of cohousing Sharon Villines, June 29 2003
- RE: commercial ventures as part of cohousing Rob Sandelin, June 29 2003
- Re: commercial ventures as part of cohousing Diane Simpson, June 29 2003
- Re: commercial ventures as part of cohousing Raines Cohen, June 29 2003
- Re: commercial ventures as part of cohousing Eris Weaver, June 29 2003
- Re: Re: commercial ventures as part of cohousing JoycePlath, June 30 2003
- Re: Re: commercial ventures as part of cohousing JoycePlath, June 30 2003
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