|Re: co-op||<– Date –> <– Thread –>|
|From: oz (ozozragland.com)|
|Date: Tue, 17 Sep 2013 12:26:58 -0700 (PDT)|
Add Wise Acres Cooperative Association http://www.cohousing.org/directory/view/6352 - another Puget Sound community. My community, Songaia, was originally organized as a Cooperative - we felt that the coop legal structure better fit our values. As things developed, we abandoned the coop model for two reasons. 1) fewer potential lenders - the best coop construction loan was 1-2% higher the interest rate for the same loan to a LLC 2) explaining ownership to a prospective member - owning a coop share is confusing compared to owning a condo. While there are few cohousing communities using the coop legal structure, there are many shared households which organize as cooperatives. Oz Ragland, instigator Cohouseholding Project http;//cohouseholding.org On Tue, Sep 17, 2013 at 9:38 AM, Lynn Nadeau / Maraiah <welcome [at] olympus.net>wrote: > > > On Sep 17, 2013, at 3:16 AM, cohousing-l-request [at] cohousing.org wrote: > > > You may be the only cohousing co-op in the country. Or are there > others?? > > Winslow Cohousing, Bainbridge WA (by the Seattle ferry) is, as far as I > know, still a co-op. > > Maraiah Lynn Nadeau > RoseWind Cohousing, Port Townsend WA > which is, for reasons lost in history, a Washington Miscellaneous Mutual > Benefit Nonprofit Corporation, with a Homeowners' Association. > > _________________________________________________________________ > Cohousing-L mailing list -- Unsubscribe, archives and other info at: > http://www.cohousing.org/cohousing-L/ > > >
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