Cohousing-L Mailing List: funding?

[RiverCityHousing (RiverCityHousing]

I work with a non-profit housing development agency and we have been
approached by a local group who has been meeting for two years to create a
cohousing development.  I am very excited about the possibility of this
development as I had looked into cohousing years ago (and could still find
my book!) on my own.

 

They have identified land that has just gone for sale and I am trying to
help pull together some preliminary numbers.  

At this point I am most interested in finding out about funding and
financing.  Has anyone use HOME funds or grant money or FHLB money related
to a cohousing development.  I am looking for anything that would help cover
planning, pre development, actual project costs, or downpaymet costs for
folks who are low income? 

 

I'd appreciate any information anyone can point me to.

Thanks, Becky.

 

Becky Roehrig

River City Housing

333 Guthrie Green, Suite 412

Louisville, KY 40202

502-587-6763 phone

502-589-0616 fax

rivercityhousing [at] bellsouth.net