Cohousing-L Mailing List: Common House Financing

[Bruce Hecht (brucehe]

For several reasons we are exploring removing the cost of the common house
from the purchase price of the homes.  I would like to know if anyone has
been successful at getting a group of investors in or outside of the
cohousing of the community to make a loan to the community for the cost of
the common house. If so, how was the loan structured. There are some old
(8-10 years) messages in the archives about this issue, but it is not clear
if anyone actually has done this. Any input would be welcome.

Thanks,

Bruce Hecht
CoHo Cohousing
Corvallis, OR