Cohousing-L Mailing List: cohousing-friendly banks

[Joelyn Malone (JKMalone]

Kim said...

ShoreBank Pacific is a lender in WA/OR (but based in Illinois) that is
familiar with and supportive of cohousing from the development (overall
project) standpoint.  They are working on a mortgage product for
individual homes/condos but have yet to put it to market.  They are
financing two projects in Portland that I'm aware of - Columbia
Ecovillage and Daybreak Cohousing.  They are a sustainably-oriented bank
and they get the economic/social/environmental benefits of cohousing.
For more info see their website.

http://www.eco-bank.com/

I'm glad someone mentioned ShoreBank. They are a fantastic bank that grew out of social activism on Chicago's West Side, with branches in several states. They have financed a lot of housing cooperatives, and so should be a good possible source for financing Cohousing Cooperatives. 

Joelyn Malone