Coop financing more attractive now?
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:
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