Professional Documents
Culture Documents
COHOUSING DEVELOPMENT
FINANCIAL
Planners, architects, engineers, project managers, contractors Event planners & facilitators, hospitality hosts, neighbors, COHOUSING MEMBERS
Developers timeline (High-Efciency) Developer carries majority of risk Group input focused by developer
on particular decisions
TA S K S / R E S P O N S I B I L I T I E S
LIVING IN COMMUNITY
4
CONSTRUCTION
3
DEVELOPMENT
PREDEVELOPMENT
FORMING COMMUNITY
1. Forming Community 2. Pre-Development 3. Development a) Feasibility b) Design & Approvals 4. Construction 5. Living in Community
1. Forming Community
Learn about cohousing Coalesce a group & grow membership Establish a foundation of social equity Establish community governance Develop communication & decisionmaking skills THRESHOLD: Qualify to undertake the business of developing residential real estate
2. Pre-Development
Prepare to undertake the business of development Organize resources (human, time, dollar) Establish legal entity Dene & assign project roles & responsibilities Optimize communication & decisionmaking skills
$$ Cost = $100s to 1,000s per member household High Risk
3. a Development Feasibility
Determine Project Feasibility Physical Financial Legal Market Social DECISION: Yes / No THRESHOLD: All conditions of satisfaction are met to proceed to design
$$$ Cost = $1,000s per member household Moderate Risk - some options for nancing
$$$ Cost = $1,000s per member household Lower Risk - increased options for bridge nancing
4. Construction
5. Living in Community
CELEBRATING
the good life in joyous, sustainable
COMMUNITY!
5
LIVING IN COMMUNITY
CONSTRUCTION
3
DEVELOPMENT
2 1
FORMING COMMUNITY
PRE-DEVELOPMENT
MORTGAGE
3
DEVELOPMENT
CONSTRUCTION LOAN
2 1
FORMING COMMUNITY
PRE-DEVELOPMENT
MORTGAGE
3
DEVELOPMENT
CONSTRUCTION LOAN
2 1
FORMING COMMUNITY
PRE-DEVELOPMENT
9 - 12 MONTHS
NATIONAL COHOUSING CONFERENCE 2011 2011 COHOUSING COLLABORATIVE, LLC
MORTGAGE
3
DEVELOPMENT
CONSTRUCTION LOAN
2 1
FORMING COMMUNITY
PRE-DEVELOPMENT
9 - 12 MONTHS
NATIONAL COHOUSING CONFERENCE 2011
12 - 18 MONTHS
2011 COHOUSING COLLABORATIVE, LLC
MORTGAGE
3
DEVELOPMENT
CONSTRUCTION LOAN
2 1
FORMING COMMUNITY
PRE-DEVELOPMENT
9 - 12 MONTHS
NATIONAL COHOUSING CONFERENCE 2011
12 - 18 MONTHS
5
LIVING IN COMMUNITY
CONSTRUCTION
MORTGAGE
3
DEVELOPMENT
CONSTRUCTION LOAN
2 1
FORMING COMMUNITY
PRE-DEVELOPMENT
5
LIVING IN COMMUNITY
CONSTRUCTION
MORTGAGE
3
DEVELOPMENT
CONSTRUCTION LOAN
PRE-DEVELOPMENT
5
LIVING IN COMMUNITY
CONSTRUCTION
MORTGAGE
3 $1000S 2 PRE-DEVELOPMENT
DEVELOPMENT
CONSTRUCTION LOAN
5
LIVING IN COMMUNITY
CONSTRUCTION
MORTGAGE
CONSTRUCTION LOAN
CONSTRUCTION
MORTGAGE
CONSTRUCTION LOAN
TEXT
COHOUSING COLLABORATIVE, LLC is a full-service, cohousing development company that consults, partners and develops with individuals, groups or professionals to bring their projects from dream to reality. We embrace the principles of both social and physical sustainable community and hold to the highest of standards ethics, excellence and stewardship.
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Join our Virtual Common House: cohousingWorks.com Enjoy our blog: cohousingBlog.com