RE: Affordability of cohousing | <– Date –> <– Thread –> |
From: Rob Sandelin (robsanmicrosoft.com) | |
Date: Mon, 5 Dec 94 14:11 CST |
> Munn Heydorn asked: I would >*really be interested* in stories of urban or suburban areas in which >affordable units were built/rehabbed/whatever; especially more than one or >two units tacked on to a larger project. Teramanto community in Renton WA comes to mind. It is 4 houses within a suburban cul-de-sac. They raised funds from private and public sectors to build the first house, used the value of the first house to raise capital for the second house. They did a "barn raising" sort of experience, where dozens of people came and contributed labor, they hustled leftover and recycled building materials from job sites, helped tear down an old wherehouse and recycled lots of materials from that. They are a housing coop, with the goal of providing low income housing. Currently they have their 4th shared house under construction. They have done work trades, where they work for a community and then that community comes and works on their houses. I think the largest of the houses ( a five bedroom shared house) cost $60,000. Granted, this is NOT cohousing, and required lots of work investment by the residents, but in working on the common endeavor of their housing, they built not just a house, they built a strong bond of community. As I recall they went around to various charitable and political organizations with a prospectus, sold services, etc. to raise the original capital, something like $45,000. ( The largest single donation they received was $2,000) They have no bank debt although they do have a couple of private loans they are paying off. Sharingwood is right now "bonking around" the idea of giving one lot in our future phase 2 towards a multi-family shared house. We would probably follow Termantos example and raise funds the same way and then have the people who intend to live in the shared house contribute labor, as well as set up inter community work parties. Capital from rent can also be applied to paying back investments. This will be brought up for full discussion at the Dec. general meeting and assuming we go for it I will post our progress. Rob Sandelin Sharingwood
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Affordability of cohousing Fred H Olson WB0YQM, December 2 1994
- RE: Affordability of cohousing Munn Heydorn, December 2 1994
- Re: Affordability of cohousing OrrinDavid, December 4 1994
- RE: Affordability of cohousing Rob Sandelin, December 5 1994
- RE: Affordability of cohousing Jeffrey O. Hobson, December 5 1994
- RE: Affordability of cohousing Rob Sandelin, December 6 1994
- Re: RE: Affordability of cohousing Chase3, December 7 1994
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