Cohousing-L Mailing List: Money flow in the development process

[Jeff Hobson (jhobson]

I'm on the Development Committee of EBCoho (East Bay Cohousing). We're in
the site search stage and we're trying to write a process by which we can
gather the money and trust needed to secure an option on a site. 

I'm looking for information about the money flow in the development
process. I understand that some groups have rewarded members for taking
early risks, etc.

Would folks in recently-developed communities send on information about:
· when & how you took in money during the development process
· how you rewarded risk in the early stages
· how you allocated those contributions towards eventual unit costs
· how did you treat investment money from people who expected to *rent*
from the community rather than buy a unit (and what decision-making power
did they have)
· if you had any "investors", people who weren't going to live in the
community but wanted to invest in getting it started, how did you (or did
you) involve them in decision-making and how did you treat their money
· how people get money out if they decide partway through that they no
longer want to continue in the group

Of course, I would also appreciate referrals to printed publications or
useful threads in the cohousing-l archives.

Thanks much!

Jeff Hobson
East Bay Cohousing, where we've got lots of enthusiasm tempered by a
terrifying real estate market


____________________________________________________________
*    Jeff Hobson    *    Kim Seashore     *     phone:     *
*  jhobson [at] igc.org  *  kseashore [at] igc.org  *  510-845-0481  *