Cohousing-L Mailing List: Cohousing financing

[Lisa D. Mercurio (dmerc]

I have been a suscriber to cohousing-l for several months & I have learned a 
lot of interesting things about cohousing. I am a student at Cal Poly Pomona, 
in CA. My major is Urban & Regional Planning and I am interested in the 
financing aspects of cohousing. So my senior project is about the financing 
aspects of cohousing. I would like some info. from those involved in the 
financing of cohousing-from pre-construction to the finishing stages. Here 
are a few questions that I have thought of at this point(I would appreciate 
everyones input greatly).

1. What is the greatest obstical in obtaining financing for cohousing?
2. Where do you get financing? (Small local banks, larger banks, mortgage    
lenders, developers, others) {Also the names of institutions, if possible!}
3. What are the standard terms(length, conditions,etc) of your financing? and 
if its not to personal- What is the dollar amount of your loan(s)?
4. Is the local community or government a great hinderance in obtaining 
loans?

Any other info. you think might be helpful would be greatly appreciated. 
Thank you in advance for your help and info. on this subject. I appreciate 
any time that you would take to answer my questions. Thanks.

Lisa