Cohousing-L Mailing List: Long-term affordability

[Fred H Olson (fholson]

Bruce Hecht, Corvallis, OR     <brucehe [at] peak.org>
is the author of the message below. 
It was posted by Fred the Cohousing-L list manager <fholson [at] cohousing.org> 
because the message included HTML ;      PLEASE do not post HTML, see
   http://csf.colorado.edu/cohousing/2001/msg01672.html
--------------------  FORWARDED MESSAGE FOLLOWS --------------------

We are a forming cohousing group that is discussing the topic of long-term
affordability. We understand that the Community Land Trust structure and the
Limited Equity Coop structure model use a variety of formulas to limit the
sale price of a unit over time with a goal of maintaining long-term
affordability. Have any cohousing projects capped equity or appreciation of
the sale of units using these approaches or other methods?  If you have
please reply to my message with what you did, what legal structure you used
to enforce it along with the pluses and minuses in your opinion.

Thanks for taking the time to respond

Bruce Hecht
Coho Cohousing
Corvallis, OR




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