|Re: the concept of cohousing v. actual cohousing||<– Date –> <– Thread –>|
|From: PattyMara Gourley (pmgourleygmail.com)|
|Date: Fri, 12 Feb 2010 10:34:33 -0800 (PST)|
I'll jump in and confirm what Randa wrote. At Tierra Nueva, Central CA Coast, with help from Wonderland, we found investors to help us with our development/construction costs through bridge loans. This happened when we had about half of the members we needed. As the project went forward, more members felt more confident to buy-in. This was in the mid nineties when interest rates were higher and the real estate market was not booming. And we were determined to keep the costs of our project affordable. We offered great interest and raised hundreds of thousands of dollars from individuals interested in supporting green building and intentional community. We paid them all fully with the profit made from the project. And we inscribed their names in our Common House cornerstone. PattyMara Our cohousing home is for sale: http://bigbrick.com/52510 http://tncoho.com/available/1742 "Luminous beings are we . . . not this crude matter." --Yoda
- Re: Cost estimates, (continued)
- Re: the concept of cohousing v. actual cohousing PattyMara Gourley, February 12 2010
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