Re: Affordable Cohousing
From: Diana Stanley (lustylusty.org)
Date: Mon, 19 Apr 2021 13:09:30 -0700 (PDT)
Zev,

Is this process written into your governing documents? Was it vetted by a real 
estate attorney? Would you be willing to share the parts of your governing 
documents that outline this process? Does it only apply because the applicants 
are buying below-market-rate properties?

My community is currently struggling with what sort of processes we can write 
into our governing documents to achieve exactly the process you describe for 
prospective new members of the community. We don't actually deny anyone, 
however we want to require all of them to go through all the steps you 
describe, so they and we are certain they know what they're buying into.

Thanks,
Diana
Phoenix Commons, Oakland, CA

> On Apr 19, 2021, at 11:11 AM, Zev Paiss <zevpaiss [at] gmail.com> wrote:
> 
> Dear Ann,
> 
> Buyers pre-qualify with the City affordable housing program and get 
> pre-approved by a lender as part of that process.
> 
> Before COVID our community required that all applicants complete a goodness 
> of fit questionnaire, attend an open house, a meal and a business meeting so 
> we can meet them and they can see what we are all about. A small committee of 
> 4-6 people whittle down the pool of qualified applicants to a small handful 
> and then pass them along to the seller to make the final decision.
> 
> Zev Paiss
> Nomad Community Room Coordinator
> 1410 Quince Avenue, Boulder CO 80304
> 720-925-5161
> 
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