Cohousing-L Mailing List: Re: Cohousing Inclusiveness, selecting your neighbors

[Denise Meier and/or Michael Jacob (dmmj]

On Tue, 8 Aug 1995, Rob Sandelin wrote:

> I remember reading once about a group who wanted to have the membership 
> selection ability of a coop and the bank acceptance of a condo and so 
> created both a coop and a condo and made membership in the coop a 
> prerequisite to purchase of a condo unit. They then were using the coop 
> to "screen" members.   I don't remember who the group was, I think the 
> article was in a past issue of the cohousing journal which is not handy 
> to me now to look up.  I also am not sure if this group successfully 
> negotiated mortgages with a bank with this setup, which is the key 
> determining factor of any legal setup.
> 

I believe this was a cohousing group in San Luis Obispo, California, and 
the article was in the now defunct "Growing Community" newsletter (it's 
been incorporated into Communities Magazine).  It would be interesting to 
know how they fared with the banks. Anyone have any info on that group? I 
believe their land was donated, or bequeathed, or something unusual...


> (Where the trees are greener, the skies bluer, and the children are all 
> above average ;-)

How does that work, Rob? Is this another Bill Gates cloning trick?

Denise Meier
Jewell Hill Cohousing, Sonoma County, California