Cohousing-L Mailing List: Re: Cooperatives

[Sharon Villines (sharon]

> On Aug 2, 2017, at 4:37 PM, Lynne Markell <lmarkell [at] rogers.com> wrote:
> 
> 
> I agree with making sure that local lenders understand _equity housing 
> co-ops_. In Canada, credit unions are the best source for mortgages for 
> individual members and the co-op itself.

Canada has particularly favorable legislation for common interest organizations 
doesn’t it? I don’t remember all the details but it’s been discussed on the 
sociocracy [at] groups.io list. Someone was setting up a campsite as a 
cooperatively owned venture. The potential problems I raised about getting 
financing, for example, were not a problem in Canada.

There were also more liberal provisions for advertising — that only coops, 
commonly owned businesses, could advertise along the highway?

Sharon
----
Sharon Villines
Takoma Village Cohousing, Washington DC
http://www.takomavillage.org