|Beginning finances for cohousing||<– Date –> <– Thread –>|
|From: Janice Karpenick (jkarpenickgmail.com)|
|Date: Thu, 1 Dec 2016 23:32:11 -0800 (PST)|
We are just forming our coho group in Eugene, OR. Currently, we are three members in the core group. We have a membership fee of $250, non-refundable. We are looking at our next steps including marketing, outreach and basically growing our membership. We actually already have a site and it is currently owned by one of the core group members. I was interested in learning what early steps you took in the formation of your cohousing groups in regard to financing. Specifically, did you collect funds other than the membership fee prior to the actual unit purchases for incidentals, and if so, how much? Were those additional funds then subtracted from the eventual price of the unit purchased? Did you have a graduated buy-in fee structure, meaning did subsequent members pay more the later they joined? Did your developer front the costs for the building and property? Thanks for your help. Janice
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