|Cohousing-friendly financial institutions||<– Date –> <– Thread –>|
|From: ehrbar (ehrbarlists.econ.utah.edu)|
|Date: Mon, 15 Jun 2009 08:36:48 -0700 (PDT)|
At Wasatch Commons in Salt Lake City, Utah we are considering putting part of our HOA reserve fund into a insured account at a bank or credit union which has a good track record of making loans for the construction of cohousing communities etc. We still remember our own difficulties to get a construction loan in 1997. (a) Is it still as difficult for cohousing communities to get loans as it was back in 1997? (b) If so, are there financial institutions which are so much better than others that we should deposit our money with them rather than locally? Hans. Hans G. Ehrbar http://www.econ.utah.edu/~ehrbar ehrbar [at] economics.utah.edu Economics Department, University of Utah (801) 581 7797 (my office) 1645 Campus Center Dr., Rm 308 (801) 581 7481 (econ office) Salt Lake City UT 84112-9300 (801) 585 5649 (FAX)
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