|Re: CohoUS support for affordable cohousing and forming communities||<– Date –> <– Thread –>|
|From: Brian Bartholomew (bbstat.ufl.edu)|
|Date: Thu, 28 Jan 2010 13:18:40 -0800 (PST)|
> Community land trusts are not tax supported. Are you sure? Where did the money or land in the trust come from? http://www.plannersweb.com/articles/pet112.html The more active and sophisticated CLTs have become very good at patching together diverse and creative financing packages for their projects. It is not at all uncommon for one project to have five or more sources of funding that may include commercial mortgages and construction loans, HUD loans and grants, state housing finance agency dollars, private foundation loans and grants, tax credit dollars, and even pension fund investments. > Many groups do make internal agreements to assist members with a > lower income, but do not have the resources to assist very low > income houshholds. If self-built tiny houses were legal, communities could afford to outright donate a house; or three, or ten. And, more of the very low income households could afford tiny houses to begin with. > I can see the potential advantages of forming an entire community of > people in the very low income to affordable range, just because of > the realities of grant and zoning restrictions, even if I do not > support the idea of segregation by income. Maybe the Obamaville tent city residents will tell the zoners to get lost as a social justice issue. Or maybe zoning will simply not be enforced on tent cities, because the residents would riot. Or both approaches will occur at once. If tent real estate becomes de-facto legally secure, the legal region of 300-1200 SF houses will start to be colonized from both the tent and McMansion ends. http://www.huffingtonpost.com/2009/12/14/obamaville-springs-tent-c_n_391093.html > I hope that we are nearing a breakthrough point in terms of making > cohousing an option for a much wider section of the population. 2010 and 2011 are claimed to have as many mortgage rate resets for Option ARM mortgages as there were for subprime. I don't think these formerly-wealthier foreclosed people will accept living out of their cars as quietly as the less-wealthy foreclosed people do. The tax-funded subsidy of unsustainable mortgages destroyed homeownership for millions. I suspect that allowing people to build cheaply enough they can afford it will be tried next, and it will work better. Brian
Re: CohoUS support for affordable cohousing and forming communities R.N. Johnson, January 28 2010
- Re: CohoUS support for affordable cohousing and forming communities Brian Bartholomew, January 28 2010
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