RE: Affordable co-housing?
From: Rob Sandelin (floriferousmsn.com)
Date: Thu, 3 Oct 2002 23:10:02 -0600 (MDT)
I always say this, so I'll be brief. Home ownership is a key tenet of
cohousing. This means it has limited accessibility to people who do not
qualify with a bank to own a home. There are exceptions, but the majority of
homes so far are built at pretty close to market values for the area they
exist. Rentals and co-ownership does exist in addition to numerous
home-ownership affordability schemes. However, starting from scratch
building a new, 30 or more home neighborhood is a multi-million dollar
operation which takes significant startup capital which has to come from
somewhere, usually a developer or the participants.

Rob Sandelin, Sharingwood which still has a rental space left
naturalist-teacher-writer Check out my class at
http://share3.esd105.wednet.edu/rsandelin/sve02.htm

-----Original Message-----
From: cohousing-l-admin [at] cohousing.org
[mailto:cohousing-l-admin [at] cohousing.org]On Behalf Of jle7001 [at] att.net
Sent: Thursday, October 03, 2002 8:17 AM
To: cohousing-l [at] cohousing.org
Subject: [C-L]_Affordable co-housing?


Hello co-housing listers - i'm sure this thread exists somewhere (and feel
free
to send me to the thread if it exists)but i wanted to get your thoughts on
building *affordable* co-housing. That is, are there examples out there of
co-
housing communities where some of the units are built to be *affordable* or
even accessible to low-income people while other units are built along more
traditional lines (economically)? We are a community in the development
phase
and trying to figure out how to make the community accessible to a range of
incomes. It seems as I look at the literature (and talk with folks) that
really
co-housing is accessible to traditional middle-class folks who can go get a
150-
200,000$ mortgage. All the members of our group cannot do that, and we would
like to create a mixed-income/class community. What are other groups
experiences with this? All input welcome! thanks, jennifer

--
Be the change you wish to see
in others. (Ghandi)
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