Cohousing-L Mailing List: How do communities deal with members who can't pay their condo fees or assessments?

[Judith Adler (judith_adler]

Hi:

At Cornerstone we are once again thinking of how much money we should keep in 
reserve, and one issue that repeatedly comes up is how we deal with members who 
cannot pay increasing condo fees, either because of job loss or low income. We 
have 4 non-market rate units and those household pay the same condo fees 
according to percent ownership as we all do. 

We'd like to hear how other communities handle this. 

Thanks, 

Judy Adler

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