Cohousing-L Mailing List: Affordable Cohousing

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Greetings,
Here at Nomad Cohousing in Boulder,Colorado seven of our eleven homes are 
permanently affordable. This was imposed on us by the city in exchange for 
giving us a density bonus. These homes can only be sold to future buyers who 
meet strict income restrictions and the sales price of the homes are set by the 
City to stay within guidelines attached to the area median income (AMI).

For the most part it has worked well and helps assure that new residents of 
those homes are typically younger families, lower income singles, or retired 
folks. It does cause challenges when we need to increase our HOA dues but we 
muddle through it.

Zev Paiss
Nomad Cohousing Community Room Coordinator
Boulder, CO
720-232-3826

Affordable Cohousing	<– Date –> <– Thread –>
From: Zev Paiss (zevpaissgmail.com)
Date: Sun, 13 Nov 2022 07:37:01 -0800 (PST)