Membership and Finance

Posted on: February 10th, 2018 by

Steps to Joining

Please take a moment to fill out this membership questionnaire.

Prices

This is a mixed property with four rental apartments and four in the process of being converted to condominiums. The conversion will be complete by the summer of 2018, with one 1-bedroom and one 2-bedroom available at that time.

Two rentals may also become available in late 2018: a 1-bedroom in the summer and a large 2-bedroom around the end of the year.

The rents and purchase prices will be in line with other apartments and condominiums in the area, as this is a market-rate project.

See the Available Homes page for floorplans and a few pictures.

We have no outside funding, and this is not a limited equity project; if you purchase one of the condominiums, the value of your home will go up or down with the market.

Roles and Expectations

As the developer, I am responsible for the physical plant and the finances until the condominium conversion is final. I welcome help in these areas if people are interested, but it is not a requirement. After the conversion is complete, in 2018, all of the owners will make decisions about maintenance of their property, as is usual in condominiums and in cohousing. All community members (owners and renters) will make decisions together about meals, use of the common house, and other community plans.

All community members will be responsible for creating a cohousing community, with meals, work days and meetings. The new folks will be the primary drivers for setting the tone and culture of the community, deciding how many meals to schedule, and how to run meetings and make decisions. There is money in the budget for hiring consultants for guidance and training in group decision-making, conflict resolution, etc. This is included in the rents and association fees.