Cohousing-L Mailing List: Re: Rental cohousing?

[Steven Katz (katzcrawford]

Karen Gimnig Nemiah asks:
<Does anyone know of the example I'm half-remembering and could point me to
it?  Or any other single-landlord rental model.>

The shovels will be going in the ground this fall to start building what I 
believe will be the first all-affordable rentals senior cohousing community in 
the United States here in Lexington, Kentucky.  AU Associates, one of the 
premier developers of affordable housing in our region with a portfolio of more 
than 80 properties across Kentucky and West Virginia applied for and won an 
award from Kentucky Housing 
Corporation<https://us2.campaign-archive.com/?u=3829d29f9e95f6aa657f1c290&id=397e7652b2>
 earlier this year.  The project is also being funded by the city's Affordable 
Housing Trust Fund, among other sources.  It will be 45 units in a three-story 
building with a substantial amount of "blank space" for the future residents to 
fill in for their common spaces using a budget given to them by the developer.  
Residents must meet income restrictions of 50% AMI.  Previously, residents at 
other senior buildings and the public (at Lexington's Senior Center) 
participated in design charrettes for the units, which will ALL feature a slew 
of universal design features to aid aging in place.

There will be a number of sessions that AU's president Johan 
Graham<https://www.auassociates.com/meet-our-team> calls "a marketing tour", 
but Chuck Durrett calls "Study Group 1" that will be held on a continuing basis 
until applications will be accepted, 90 days before move-in, which is hoped to 
be in the first quarter of 2026.  Hopefully there will be at least 45 
applications submitted by Study Group 1 alums on the first day as they can be 
awarded on a first come, first served basis.

Steve Katz
Lexington, KY
(859) 410-5755