Re: Construction finance sources in New England and the mid-Atlantic states
From: Katie Henry (
Date: Tue, 22 Oct 2013 22:13:46 -0700 (PDT)
For Eastern Village Cohousing in Silver Spring, MD, construction financing was 
provided by BB&T. However, the financing was arranged by our developer, a 
well-established developer of conventional housing who already had a 
relationship with them, and the bank may not have even known it was a cohousing 
community. They probably thought it was a regular condo project. When dealing 
with banks, it's better to mention the cohousing aspect as little as possible.

Katie Henry

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