Re: Affordable Cohousing
From: Brian Bartholomew (
Date: Mon, 5 May 2008 15:01:08 -0700 (PDT)
What generally happens?  Is the lottery for these units really a
prequalification and financial counciling step, to help applicants
thread this needle and qualify for these units?

I was talking about this at lunch with somebody, and we were wondering
how long a household had to meet the qualifying criteria.  Maybe a
year or two, so they can show a tax return?  We imagined a two-earner
household qualifying under one income, with the cooperation of an
employer to adjust their income to be just right, and then after
purchase the second person takes a job again to reduce the precarious
debt-to-income ratio.


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