Footpath Durham (NC) cohousing defunct | <– Date –> <– Thread –> |
From: Fred H Olson (fholsoncohousing.org) | |
Date: Tue, 6 May 2008 07:41:25 -0700 (PDT) |
Sweet Ana M <Ana.M.Sweet [at] irs.gov> is the author of the message below. It was posted by Fred, the Cohousing-L list manager <fholson [at] cohousing.org> Note: Ana does not subscribe to cohousing-L; I have added supplemental info in angle bracketts. Fred -------------------- FORWARDED MESSAGE FOLLOWS -------------------- I am sorry to say this development has folded. Please see their website < http://www.footpath.us/ > for the explanation and various reasons. I am so sorry to see such a wonderful idea fail and not for lack of interest and passion. I just wanted to have it posted to let people know. Ana M. Sweet <Fred's summary of reasons for folding extarcted from http://www.footpath.us/ 1) Fast pace of development complicated finances. 2) Durham enacted requirements that every new house built in Durham County must have a forty feet wide asphalt road in front of it. 3) The property owner changed the terms for purchase of the house unfavorably (needed money sooner). These 3 things together doomed the project. >
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