Re: Affordable Cohousing [was: Fwd: the failure of cohousing ...
From: James Kacki (jimkackimb.sympatico.ca)
Date: Tue, 16 Nov 2004 19:28:41 -0800 (PST)
The overall tone of this list (quote:"Cohousing-L subscribers /
> posters are a great bunch;") is due in large part to the sensitive, civilized and intelligent tone that you set, Fred. We're lucky to have you!
James

Fred H Olson wrote:
The message quoted below was one of several responses to a questionable
message with the title:

Fwd: the failure of cohousing in the united states

I'm pleased to see the thread evolve to the topic of affordability.
It could have evolved into a flame (tho the original poster is not a
subscriber and may not be reading replies).  Cohousing-L subscribers /
posters are a great bunch; youall make being list manager a pleasure.

On Tue, 16 Nov 2004, Eileen McCourt wrote:


At Oak Creek Commons, where most of the homes are in the 350K-400K range, we
have one permanently affordable home at 53% of market value.  This home was
funded by community members forgoing a premium return on money loaned to the
community for construction.  We have created a non-profit, and hope to
eventually be able to extend affordability to additional units.

Eileen McCourt
Oak Creek Commons Cohousing
Paso Robles, CA



I'm impressed.  Nice going.

Fred


--
Fred H. Olson  Minneapolis,MN 55411  USA        (near north Mpls)
Communications for Justice - My new listserv org.       UU, Linux
My Link Page: http://fholson.cohousing.org       Ham radio:WB0YQM
fholson at cohousing.org   612-588-9532   (7am-10pm Central time)


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