Re: our own insurance
From: John Faust (wjfaustgmail.com)
Date: Wed, 8 Jul 2009 07:33:31 -0700 (PDT)
Elph,

I do endorse this approach. One of the investments of such an insurance pool
could be the development of cohousing through construction loans to
qualifying construction-ready groups with a qualifying plan of development.
This might allow more freedom in how such a group legally organizes.

Who would invest? Existing cohousing associations looking for a responsible
and reliable place for their reserve funds, cohousing residents tired of the
"high-flying" financial sector circus and others with confidence in the
concept.

Who would manage the fund? Professionals hired by Coho US. Who better
understands or has confidence in cohousing? Who is a better judge of a sound
cohousing plan worth investing in?

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