Re: Getting New Members to Make a Commitment
From: seniorcohousing (
Date: Wed, 27 Sep 2006 13:14:24 -0700 (PDT)
One cohousing group here in RI ran into this same problem a couple of years 
ago.  I'm sad to say, they ultimately folded, unable to get beyond this catch 
22 situation.

As our senior cohousing group is not thrilled with the idea of getting stuck 
like this, I, too, would be very happy to hear of how others have managed this!

---- Pacific Gardens Cohousing <judy [at]> wrote: 
> Hi,
> We are in the development stages of our 25-unit project in Nanaimo. We have
> purchased land, rezoned, finalized design plans, submitted the plans to the
> City with an Application for a Building Permit and are looking for
> Construction Financing. We have 10 owners but are having difficulty finding
> the other 5-7 members necessary in order to obtain financing. We seem to
> have lots of interest but no commitment from interested people. Everyone
> seems to want to wait until we're actually building to sign on so we find
> ourselves in a Catch-22 situation. We can't get financing until we have more
> owners and we can't seem to get more owners until we're building. HELP! Have
> other cohousing projects faced the same dilemma? Did you find some creative
> solutions to this problem? We'd love to have some feedback!
> Thank you,
> Judy at Pacific Gardens Cohousing
> Nanaimo, BC Canada
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