|Re: Making Cohousing Permanently Affordable||<– Date –> <– Thread –>|
|From: David L. Mandel (dlmandelpacbell.net)|
|Date: Sat, 5 Jan 2013 01:27:26 -0800 (PST)|
Sorry, I missed this before sending my earlier message. I think the limits that applied to us resulted from the fact that the funding for the subordinate affordability loans came from tax increment money that imposed such rules. David --- On Fri, 1/4/13, Zev Paiss <Zev [at] abrahampaiss.com> wrote: From: Zev Paiss <Zev [at] abrahampaiss.com> Subject: [C-L]_ Making Cohousing Permanently Affordable To: cohousing-l [at] cohousing.org Date: Friday, January 4, 2013, 7:03 AM I was asked by David Mandel from "T" Street Cohousing in Sacramento, CA how we made our homes "permanently affordable?" We didn't. The City of Boulder, CO has an inclusionary zoning ordinance that requires at least 20% of all new construction to be permanently affordible. They require this to be on the lien of the home and they are the ones to set the sale and purchaser income requirements to limit what you can sell the home for and who can qualify to buy it. It is very tightly controlled and it works. The additional affordable homes were mandated again by the city when we asked for a density increase. They gave us the additional homes, but all of them ad to be in this program. Zev 303.413.8066 >From Here to There: A Story of America's Future Order your copy today! _________________________________________________________________ Cohousing-L mailing list -- Unsubscribe, archives and other info at: http://www.cohousing.org/cohousing-L/
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