Cohousing-L Mailing List: Re: Inquiry about Possible Policies on Renters

[Rob Sandelin (floriferous]

Lenders might give you some good perspective on this. In some situations,
lenders evaluate the percentage of homes owned/rented in a condo as part of
providing a mortgage.  You might check with some of the lenders on your
project to get a sense of what their numbers are in order to guide you to a
policy.

Rob Sandelin
Sharingwood 

-----Original Message-----
From: Mary Swenson [mailto:maryswenson [at] bellcoho.com] 
Sent: Thursday, July 30, 2009 7:00 PM
To: cohousing-L [at] cohousing.org
Subject: [C-L]_ Inquiry about Possible Policies on Renters


I am a member of a committee at Bellingham (WA) cohousing gathering
information about rental policies.  The question for study is whether  
or not Bellingham cohousing wants to consider a policy that places   
limits on the number/percentage of homes that are not occupied by the  
owner and are rented out.    We would be very grateful for any  
information from cohousing communities that have considered this question;
what the considerations were; and whether or not the  
community adopted a policy or rule.   If you have adopted such a  
policy we would be very grateful to learn  what the policy is and/or to get
a copy of the policy.

Thanks much for any information anyone can provide.
Mary Swenson
Bellingham Cohousing
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