Cohousing-L Mailing List: Reserves, Reservations, Mutual Aid and Pricing

[Karen Gimnig (karencohous]

These are just some of the great topics we'll be covering at Nuts and Bolts
of Cohousing all online, on Nov 7.  See below for details of these
sessions. Register now for early bird pricing, or for an even better deal,
purchase a community coupon code.

Registration:
https://cohousingassociationoftheunite.regfox.com/ss2020-nuts-and-bolts-of-community

Community Coupon Code: email Karin at karincohous [at] gmail.com

More information: https://www.cohousing.org/2020-nuts/

Replacement Reserves – ignore them at your peril!

Lyons Witten

Hear from expert Lyons Witten on how to keep your community’s buildings and
finances in good shape for generations. He will explain the importance of
setting up replacement reserves (RR) from the date of move in, what is
typically in an RR spreadsheet, where RR money is invested, and how the
spreadsheet is updated annually. Your community will benefit greatly from a
healthy RR account!

Common House Reservations and Fees

Mike Mariano

Inspired by the cohousing model of collaboration, mutual support, and
trust, your community can bring generosity and abundance to sharing the use
of the Common House and other spaces. Using examples from cohousing
communities in the Pacific Northwest, Mike will share approaches to revenue
generation, maintenance, and ongoing stewardship. A social equity lens will
help identify resource contributions that are valued, meaningful, and more
widely available to all those participating in community.

Mutual Aid – A Panel Discussion

Neil Planchon, Bonnie Fergusson, Liz Walker, and David Jaggar

Members of three different communities will share their stories of ways
their communities have pooled resources to help community members in need.
Each will tell of the structure they used, the success of the program and
what they have learned along the way.  Join us to learn about “Spare a
Dime”, “Neighbors Helping Neighbors” and “Rainy Day Fund”.



Cohousing Home Pricing for Equity and Affordability  – How move from
project costs to home sales price

Joren Bass & Eric Granum (UDP)

During the development process all communities must translate project costs
into final home sales prices. This is one of the most important financial
and collective decisions communities must make. A well-designed community
will likely have a diverse mix of unit sizes and types. Each home will
likely have unique attributes such as location within the community,
differing access to light and views, or constructed attributes such as
extra bathrooms or balconies. So how do you create a pricing framework that
follow the basic cohousing principles of equity and shared affordability
and also reflect the common market conditions for appraisal and financing.
This session will discuss pitfalls and successful approaches for developing
communities can use to set home prices.
-- 
Karen Gimnig
Communications Director
The Cohousing Association of the US
www.cohousing.org
678-705-9007