|Re: Cohousing-friendly financial institutions||<– Date –> <– Thread –>|
|From: John Faust (wjfaustgmail.com)|
|Date: Tue, 16 Jun 2009 20:51:20 -0700 (PDT)|
Actually, I'm surprised that CohoUS and/or FIC don't actually investigate, advocate for, facilitate, implement, ... some national fund for cohousing (or IC) development. If we think cohousing is truly a good investment and serves both social and environmental restoration, it would be a fund both associations and cohousing members (as well as others) should invest in. [Clearly, one shouldn't expect the kinds of returns from another housing bubble.] One FIC project (Community Business Loan Fund<http://fic.ic.org/projects.php>) seems to be a step in this direction though does not seem to be explicitly aimed at investment in new ICs. John On Mon, Jun 15, 2009 at 8:36 AM, ehrbar <ehrbar [at] lists.econ.utah.edu> wrote: > > > 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<http://www.econ.utah.edu/%7Eehrbar> > 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) > > _________________________________________________________________ > Cohousing-L mailing list -- Unsubscribe, archives and other info at: > http://www.cohousing.org/cohousing-L/ > > > -- At any given moment there is an orthodoxy, a body of ideas which it is assumed that all right-thinking people will accept without question. ... Anyone who challenges the prevailing orthodoxy finds himself silenced with surprising effectiveness.—George Orwell
Cohousing-friendly financial institutions ehrbar, June 15 2009
- Re: Cohousing-friendly financial institutions John Faust, June 16 2009
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