|Coop financing more attractive now?||<– Date –> <– Thread –>|
|From: Fred H Olson (fholsoncohousing.org)|
|Date: Sun, 18 Sep 2011 04:30:35 -0700 (PDT)|
This article argues that coop organization / financing has gained advantages. The article is not specifically about cohousing but may be relevant. An excerpt: In Portland, Oregon, an architect and a developer devise a lower-risk strategy to give aging baby boomers more control in developing and operating cooperative housing. Difficult market and financial conditions demand that developers think creatively to limit development risk. At the same time, many in the burgeoning population of aging baby boomers seek alternatives to traditional models of housing for seniors, assisted living, and continuing care retirement communities (CCRCs). The independent cooperative housing model offers buyers more control than do those traditional models and more services than do condominiums, while at the same time sharply reducing risks for developers. >From the article: Independent Housing Cooperatives by Will Macht August 23, 2011 in Urban Land, the magazine for members of the Urban Land Institute: http://urbanland.uli.org/Articles/2011/July/MachtCoOps -- Fred H. Olson Minneapolis,MN 55411 USA (near north Mpls) Email: fholson at cohousing.org 612-588-9532 My Link Pg: http://fholson.cohousing.org My org: Communications for Justice -- Free, superior listserv's w/o ads
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