Cohousing-L Mailing List: RE: group formation and affordability

[Willie Schreurs (willie]

On Thu, 8 Jun 1995, Rob Sandelin wrote:

> . . .   If a great person, who 
> is a single teacher, with an income of $22K a year and no savings can't 
> financially qualify for any projected units, the sooner everybody knows 
> that the better.  Either you can start looking for mortgage support 
> programs early, or the person can realize that the reality of the dream 
> of cohousing is out of their reach.

        There are some other solutions.  One valued member of Greyrock 
Commons, whose finances now would probably not stretch to the purchase of 
a unit, is planning to rent part of one from another family.  The 
arrangement is solely between her and the family but she has chosen to stay 
involved as an associate member during our development.  Almost a classic 
example of the cliched "win-win" situation.


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