Cohousing-L Mailing List: Re: Financial Assistance

[Kelly Bachman (happyvalleykelly]

We have a “Hardship Fund” used for up to 3 months of dues to help with a
temporary financial hardship. The fund was created and is maintained by
donations. It can only be used by a member once in 5 years. It has been
used only a few times since it was set up 10 years ago.

At move in, there was at least one private equity loan to help someone
purchase.

We have raised funds by donations instead of dues for upgrades including a
heat pump to replace a gas furnace in the common house, an EV charging
station, and a hot tub. This helps keep dues affordable.

Kelly
Bellingham Cohousing
33 units founded in 2000

On Sat, Mar 4, 2023 at 5:25 AM karen kitchen via Cohousing-L <
cohousing-l [at] cohousing.org> wrote:

>
> Hi all,
> I’m hoping to get some ideas from this group about how yourcommunity
> assists those within your community that have a
>
>
>
>