Cohousing-L Mailing List: Early Stage Financing for Cohousing

[Zev Paiss (zpaiss]

Dear Tom,

As you may already know, there is a revolving loan fund for cohousing  
that I administer called Support Financial Services.  The challenge  
is that the risk at the early stages of development is so high that  
the "rewards" which would be asked by any venture capital group would  
be unacceptable for most or all cohousing groups.

If you are not partnering with a developer who is accustom to taking  
these kind of risks, the early stage financing needs to come from  
your members, their families and friends.  Event the loan fund which  
I help to manage only offers bridge financing after the group has put  
in money and a number of other requirements have been met.

I suspect the lack of response was partially because there are very  
few people who are in a position to help out a cohouisng group at  
this early stage.

I wish I had better news.

Zev

Zev Paiss
Abraham Paiss & Associates
1460 Quince Ave. #102
Boulder, CO 80304
303-413-8066
www.AbrahamPaiss.com