Re: Rental homes, rent-to-own arrangements and affordable cohousing.
From: KJ (pumpkin2282yahoo.com)
Date: Thu, 8 Aug 2013 12:33:56 -0700 (PDT)
This sounds like a great model, making ooh using more of a possibility for 
those of us who are not wealthy! 

Sent from my iPad

On Aug 8, 2013, at 10:47 AM, Fred H Olson <fholson [at] cohousing.org> wrote:

> 
> "Dyer, Carolyn S" <carolyn-dyer [at] uiowa.edu>
> is the author of the message below.  It was posted by
> Fred, the Cohousing-L list manager <fholson [at] cohousing.org>
> after deleting quoted digest.
> --------------------  FORWARDED MESSAGE FOLLOWS --------------------
> 
> Iowa City Cohousing which unfortunately is in the cold north, is
> currently planning the buildings for our 7-acre site.  Our aim is to
> be as diverse in membership as we possibly can be.  Our modest units
> will range from 600 to 1,800 square feet. and will be similar in
> design so we can get economies of scale in building.  We expect our
> units to earn LEED certification and the whole community to be as
> sustainable as possible.  We have applied for  and received funds to
> make it possible for 10 percent of our units to be "affordable"
> workforce housing with down payment subsidies and mortgage assistance.
> People making up to about 80 percent of the local median income will
> be eligible for these funds.  As others have written, rentals will not
> be possible unless a home owner goes on leave for a while and rents
> his or her unit during the interim.
> 
> Carolyn Stewart Dyer
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