any cohousing groups on conversancy land with land leases?
From: Raines Cohen (rc3-coho-Lraines.com)
Date: Wed, 24 Jan 2007 10:10:33 -0800 (PST)
Someone recently asked me to pass along this question to the list:

Is there any way I could find out if any cohousing communities are built on land owned by a conservancy on a leased land basis?

I know of just one cohousing neighborhood (Winslow cohousing on Bainbridge Island, WA) that uses a coop (vs. condo) structure, but I hadn't investigated this topic. Are there any out there? I do know of a bunch of limited-equity COOPS around here that use a Land Trust with 100-year leases, and that some banks can deal with the underlying mortgages as conforming (it may be an issue when the mortgage end-date exceeds the land-lease "expiration" date), and I've heard TALK of using the cohousing model as a basis for organizing tenants and housing on top of land trusts, but I don't know of any that use this structure. Perhaps Cobb Hill Farm in Hartland, VT?

This is a separate issue from limited-equity condos (a la my own Berkeley (CA) Cohousing) or appreciation-recapture schemes such as ElderSpirit in Abingdon, VA use.

And of course, the legal basis for land-leases and land trusts varies state-to-state, and I know that legal structures for homeownership significantly different in Canada and Australia, so I'd have to say the person asking the question is looking for strictly domestic examples.

At the same time, since communities using this model might be more likely to be "cohousing cousins" or other sorts of communities using the cohousing model, I'd be especally eager to know of any that are not on the http://directory.cohousing.org/ list. We try to keep it up- to-date, but communities that don't go through the typical cohousing development cycle and professional partnerships sometimes are "off the radar", as it were.

Raines
Cohousing Coach
Planning for Sustainable Communities

  • (no other messages in thread)

Results generated by Tiger Technologies Web hosting using MHonArc.