Cohousing-L Mailing List: Re: New RENTAL Community Opening in Washington DC; Opportunity for 55+

[Fred H Olson (fholson]

Ann,

Thanks for this information about what sounds like a cross between
cohousing and supportive housing and nonprofit housing. Interesting.

A few excerpts I'll comment on:

>Consider GENESIS, a brand new rental intentional community scheduled
>to open around November 1st in northwest Washington, DC.
>
>http://www.genesisdc.org
>
>While this is an intergenerational community - the units available now
>are targeted for folks 55+.

>It differs from cohousing in that it is a completely rental community,
>it is not completely self managed and it will have on-site
>professionals who will guide the community.

This seems to imply the cohousing could not be all rental.  So far in the US
there are few if any all rental cohousing communities (anyone think of any)
but there could be.

>Two 1-bedroom apartments renting for $1200 per month
>Households must meet the following criteria.
>
>1. Have a household income as shown in below — these are the guidelines for
>people w/ household incomes 51-80% of median income in DC:
>
>1 person household $37,450-47,950
>2 person household $42,800-54,800
...

For the 2 person household the income guidelines and rent rate
imply 35% to 45% of household income which used to be around here
considered quite high.  Is that typical in DC?  Of course it is more
than just housing.

Fred

--
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Fred H. Olson  Minneapolis,MN 55411  USA        (near north Mpls)
     Email:        fholson at cohousing.org      612-588-9532
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