Affordability

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Attached and available for download are Coho/US packages seeking FNMA and FHA-HUD support. We encourage readers to use this package if helpful; for example, cohousing groups seeking financing and may want to share with banks; communities may want to share the "state of cohousing" with media. "...
Views since 5/2014: 1,742
Jane Ellen Bleeg, a founder of Flower City Cohousing forming group in Rochester, New York, is sharing their research - attached - as they consider including affordable units. Information sources were local, national and international, including other cohousing communities with affordable units, the...
Views since 5/2014: 1,417
While it has been arguably necessary, it is also unfortunate that cohousing projects are most often sold to appraisers and banks as nothing less--and nothing more--than a condominium. You’ve cut costs and squeezed expenses, and your appraisal is still a barrier to getting a loan. It’s looking...
Views since 5/2014: 1,289
The Board of Partnerships for Affordable Cohousing (PFAC) is excited to announce that Wendy Wiesner has agreed to serve as our first Executive Director! Wendy is widely known for her commitment to and promotion of cohousing. As a PFAC Board member, she has spent much of her time connecting with...
Views since 5/2014: 1,134
In response to an inquiry on the coho-l email discussion group, about recommendations on connecting with people who might be interested in starting a community, Tom Lofft with Liberty Village Cohousing in Maryland responded: Hi all wannabes and start-up cohousers: I recommend that any small...
Views since 5/2014: 2,303
These comments are in response to a coho-l inquiry: Wherever US/CA cohousing exists or is built, does it in fact sell *below* market rate relative to comparable residences within the surrounding community? Liz responds: Because home prices are compared based on similar homes and cost per square...
Views since 5/2014: 1,177
What are some ways to encourage people to create low-income cohousing?, Suggestions: 1. Define "low income." “Affordable” is not a euphemism for “low income.” Affordable is usually defined as 80% of the average cost of a similar housing unit in the area. That could be in the millions and...
Views since 5/2014: 1,840
I am often asked about “affordable housing”. People want “affordable cohousing”. I want to share with you what this is all about and why I believe this country lacks “affordable cohousing”. I also want to tell you about a good book by Andrew Heben “Tent City Urbanism (From self-organized Camps...
Views since 5/2014: 2,297
NCB Expands Financing and Banking Services to Support Cohousing Communities NCB Product Offererings: Real Estate Loans Cooperative Unit Loans Deposit Accounts Cash Management.National Cooperative Bank (NCB), with 35 years of experience serving housing communities nationwide, is excited to...
Views since 5/2014: 4,846
Chris ScottHanson Urban Cohousing Associates, Inc. Fifth Street Commons Author of: The Cohousing Handbook - Building a Place for Community You’re probably tired of hearing about smaller units, standardization, simple unit plans, modest finishes, all with the goal of achieving more...
Views since 5/2014: 3,091

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