Cohousing-L Mailing List: Re: Affordability - Once More

[Hune Margulies (hm64]

Habitat volunteers construction, materials and some financing for very 
low income people only. A way to approach the problem of affordability is 
by establishing a form of cooperative bank or financing institution 
geared towards alternative housing developments.
Hune

On Fri, 2 Sep 1994, School of Mathematics, U of MN wrote:

> Rob, 
> 
> thanks for making it so clear why affordability is such a problem in 
> cohousing.  It's the up front costs that make it so difficult.  I can't see 
> how a group cant make it, unless there is a good number among them with 
> deep pockets and lots of good will.  
> 
> Has anyone been talking to Habitat for Humanity about the idea of acting as 
> the up-front deep-pockets friend of cohousing?
> 
> Monika Stumpf, Monterey CoHousing-Mpls, dept [at] math.umn.edu
>