Cohousing-L Mailing List: Re: Saving up for a capital expense

[Sharon Villines (sharon]

> On Nov 11, 2020, at 8:23 PM, Linda Hobbet <coho [at] lindahobbet.com> wrote:
> 
> I probably wasn't clear enough that I am asking about how to save up for new 
> capital improvements. When we value engineered our construction plans we had 
> to cut out a lot of things we couldn't afford at the time. That doesn't mean 
> we don't want them at some time but how do we save up for something we can't 
> afford in one year.

You set up a  capital improvements reserve fund and deposit a predetermined 
amount every year. And request donations.


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