Re: Development Financial Structure | <– Date –> <– Thread –> |
From: Meg Palley (megplawpal.com) | |
Date: Mon, 18 Nov 2002 19:43:02 -0700 (MST) |
thanks for your financial comments. How can we change this to include lower middle income even if not the poor? Elizabeth Stevenson wrote: > I think the demand for money right away discourages community building. We > are an extreme example, but some of our members didn't know if they would > have the money to buy until months before move in. And this, after being in > the group for almost five years! > > It could lead very easily to the group falling apart, IMO, since it would > scare away lots of potential members and you might not be able to get all > the financing you need anyway. Why should strangers have to pony up cash for > something that may never come to fruition? Giving people money requires > trust, and you need to build community to have trust. > > This getting money up front trend is disturbing to me. The very people > responsible for bringing cohousing to the rest of the world, Chuck and > Katie, are involved in a new group that requires people to pay up after only > THREE MEETINGS. This is insane. Let's assume they accomplish their goal of > getting this built quickly with this strategy. What will they have? Very > nice houses in a "good" neighborhood. That is all. And homogeneous? You bet. > > I'm not saying it takes five years to build a community, or that it should. > But if your only focus is on getting money, you can't build community. > Getting it built fast is not the be-all and end-all of cohousing. > -- > Liz Stevenson > Southside Park Cohousing > Sacramento, California > tamgoddess [at] attbi.com > > From: Sharon Villines <sharon [at] sharonvillines.com> > > Reply-To: cohousing-l [at] cohousing.org > > Date: Sun, 17 Nov 2002 22:40:13 -0500 > > To: "cohousing-l [at] cohousing.org" <cohousing-l [at] cohousing.org> > > Subject: Re: [C-L]_Development Financial Structure > > > > On 11/17/02 11:26 AM, "Diana Porter" <porterd [at] cinci.rr.com> wrote: > > > >> Does this upfront money discourage too many people from considering > >> co-housing? > > > > Yes, because very few people have the spare cash to float in limbo for the > > length of time it takes to get a project off the ground. > > > > When you begin depending on people to be "real" in terms of being able to > > support the project, you need to know if they can be mortgage approved. They > > may already own a home and will not want to sell their home until they are > > ready to move into their new home. They may have adequate income but not > > enough money to loan the project money for an indeterminate period of time. > > > > Sharon > > -- > > Sharon Villines > > Takoma Village Cohousing, Washington DC > > http://www.takomavillage.org > > > > _______________________________________________ > > Cohousing-L mailing list > > Cohousing-L [at] cohousing.org Unsubscribe and other info: > > http://www.communityforum.net/mailman/listinfo/cohousing-l > > _______________________________________________ > Cohousing-L mailing list > Cohousing-L [at] cohousing.org Unsubscribe and other info: > http://www.communityforum.net/mailman/listinfo/cohousing-l _______________________________________________ Cohousing-L mailing list Cohousing-L [at] cohousing.org Unsubscribe and other info: http://www.communityforum.net/mailman/listinfo/cohousing-l
- Development Financial Structure, (continued)
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Development Financial Structure Diana Porter, November 17 2002
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Re: Development Financial Structure Sharon Villines, November 17 2002
- Re: Development Financial Structure Elizabeth Stevenson, November 17 2002
- Development Financial Structure Casey Morrigan, November 18 2002
- Re: Development Financial Structure Meg Palley, November 18 2002
- RE: Development Financial Structure Catya Belfer-Shevett, November 18 2002
- RE: Development Financial Structure Rob Sandelin, November 18 2002
- Re: Development Financial Structure/David Mandel read this... Elizabeth Stevenson, November 18 2002
- Re: Development Financial Structure Sharon Villines, November 19 2002
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Re: Development Financial Structure Sharon Villines, November 17 2002
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Development Financial Structure Diana Porter, November 17 2002
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