Cohousing-L Mailing List: Re: Cohousing success documentation for banks as we begin the loan search

[balaji (balaji]

Please, anyone who responds to this, do send the same information to us at
the UTAH VALLEY COHOUSING COMMUNITY.  We could use it.  Thanks!  Charles
Nuckolls.

> Hello.  Now that we are closing on the land for Footpath cohousing in
> Durham, NC with a 2 year option, we are now preparing to approach banks
> for
> development-related financing.  Along with all the normal supporting docs,
> I
> am looking for any documentation that shows cohousing houses selling as
> good
> if not better than regular subdivisions, and anything that demonstrates
> the
> imperviousness of cohousing development to the current housing downturn.
>
>
>
> Please let me know if you have something that might help us.
>
>
>
> Thanks!
>
>
>
> Paul Della Maggiora
>
> Former Eno Commoner
>
> Current Footpath developer
>
> Durham, NC
>
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