Re: Cohousing communities and tax-exemption, 501c3 | <– Date –> <– Thread –> |
From: Bob Leigh (bobleigh![]() |
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Date: Tue, 16 Jun 2015 06:38:14 -0700 (PDT) |
On the other hand . . . Both of the cohousing communities in Cambridge, Massachusetts were required to include "affordable" units, which have special deed restrictions and are overseen by the city. But due to this, at one stage in its development, Cornerstone was able to obtain a very-low-interest loan from the Massachusetts Housing Investment Corporation (MHIC) -- because MHIC is a non-profit with a mission that involves promoting affordable housing! So building cohousing in itself is not a public service, but it's possible (and in some places mandatory) to incorporate a public service into the development of a specific cohousing project. Bob Leigh Cornerstone Village Cohousing Cambridge, Mass. On Tue, Jun 16, 2015 at 9:13 AM, Sharon Villines <sharon [at] sharonvillines.com> wrote: > > > > On Jun 15, 2015, at 10:04 PM, Ken Winter <ken [at] sunward.org> wrote: > > Counter questions: > > > 1. We wouldn't have to pay taxes. > > All citizens should pay taxes in order to support the infrastructure, > crime prevention, emergency services, etc. So not paying taxes should be > reserved for those who contribute to the public welfare in the same way the > fire department does. Taxing the fire department would be self-defeating. > > > 2. Donors could get tax write-offs. > > Why would anyone donate to a cohousing community? > > > 3. We could get grants. > > For what? Grants go to programs for the public. Cohousing isn’t public. > > > 4. Companies might offer price breaks for goods or services that would be > > useful to us. > > Which comes back to why would anyone think a condominium, however > wonderful, would deserve lower prices than other communities? > > These are rhetorical questions that just point out that cohousers are > doing wonderful things for themselves and their friends, not the general > public. If a cohousing community is doing something for the general public, > like offering free meeting space or gardening space, then that program > could be incorporated as a non-profit (cost $65 in DC) and apply for 501c3 > status. But it would have to be a truly public educational or charitable > service. > > Sharon > ---- > Sharon Villines > Takoma Village Cohousing, Washington DC > http://www.takomavillage.org > > > > > _________________________________________________________________ > Cohousing-L mailing list -- Unsubscribe, archives and other info at: > http://www.cohousing.org/cohousing-L/ > > >
- Re: Cohousing communities and tax-exemption, 501c3, (continued)
- Re: Cohousing communities and tax-exemption, 501c3 Ann Zabaldo, June 13 2015
- Re: Cohousing communities and tax-exemption, 501c3 Ken Winter, June 15 2015
- Re: Cohousing communities and tax-exemption, 501c3 Sharon Villines, June 16 2015
- Re: Cohousing communities and tax-exemption, 501c3 Ann Zabaldo, June 16 2015
- Re: Cohousing communities and tax-exemption, 501c3 Bob Leigh, June 16 2015
- Re: Funding and Organizational Model for Coho US Sharon Villines, June 10 2015
- Re: Funding and Organizational Model for Coho US Alice Alexander, June 10 2015
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