How to get through financial crisis?
From: Sheila Braun (akaEmmatogether.net)
Date: Sun, 9 Jul 2000 19:08:48 -0600 (MDT)
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Northern Vermont Cohousing is at an interesting point. Here's where =
we're
at:

    -    we have a signed agreement to purchase 46 acres in South
Burlington, VT;
    -    we have to close on our land at the end of July;
    -    we may be able to renegotiate the terms of our closing;
    -    the sellers will still need some money at the end of July =
because
they are purchasing land for themselves from the proceeds of this sale;
    -    our group is so young that people are hesitating to give real
financial support to our project and are relying on two families whose
resources are spent;
    -    our area has no other cohousing built yet and seems to be a
tinder-box for cohousing.

If your group has faced a similar situation and gotten through it, =
please
write and tell me how you did it.

Sheila Braun
Northern Vermont Cohousing
www.nvcohousing.org
(802) 862-8657 (phone)
(802) 862-8697 (fax)
sheila [at] nvcohousing.org



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<DIV><FONT color=3D#000080>Northern Vermont Cohousing is at an =
interesting point.=20
Here's where we're<BR>at:<BR><BR>&nbsp;&nbsp;&nbsp; -&nbsp;&nbsp;&nbsp; =
we have=20
a signed agreement to purchase 46 acres in South<BR>Burlington,=20
VT;<BR>&nbsp;&nbsp;&nbsp; -&nbsp;&nbsp;&nbsp; we have to close on our =
land at=20
the end of July;<BR>&nbsp;&nbsp;&nbsp; -&nbsp;&nbsp;&nbsp; we may be =
able to=20
renegotiate the terms of our closing;<BR>&nbsp;&nbsp;&nbsp; =
-&nbsp;&nbsp;&nbsp;=20
the sellers will still need some money at the end of July =
because<BR>they are=20
purchasing land for themselves from the proceeds of this=20
sale;<BR>&nbsp;&nbsp;&nbsp; -&nbsp;&nbsp;&nbsp; our group is so young =
that=20
people are hesitating to give real<BR>financial support to our project =
and are=20
relying on two families whose<BR>resources are =
spent;<BR>&nbsp;&nbsp;&nbsp;=20
-&nbsp;&nbsp;&nbsp; our area has no other cohousing built yet and seems =
to be=20
a<BR>tinder-box for cohousing.<BR><BR>If your group has faced a similar=20
situation and gotten through it, please<BR>write and tell me how you did =

it.<BR><BR>Sheila Braun<BR>Northern Vermont Cohousing<BR><A=20
href=3D"http://www.nvcohousing.org";>www.nvcohousing.org</A><BR>(802) =
862-8657=20
(phone)<BR>(802) 862-8697 (fax)<BR><A=20
href=3D"mailto:sheila [at] nvcohousing.org">sheila [at] 
nvcohousing.org</A><BR><BR>=
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