COHOUSING DEVELOPMENT PROCESS
Cohousing Members /Buyers Shall
A Separate Development Entity Is Formed
(Eco Housing
Corp.) Contracts with
  • Market the Homes
  • Participate in Project Design
  • Make certain downpayment deposits to the development entity
  • Develop community- building skills

 
  • As a normal course of business in the Real Estate Development industry
  • To protect the Project from other potential liabilities of the Developer
  • To provide a means for cohousing members to participate in the ownership and financing of their project, without being involved with other projects
  • Buyers - to sell them a house
  • - to manage the development entity and project development.
  • Lenders - to borrow money for the initial predevelopment and other soft development costs
  • Architects and Engineers - to design the project.
  • A Commercial Bank - to finance the construction
  • A General Contractor - to build the project
  • The Cohousing Community - for spending the unspent construction contingency

home • site map • who we are • what we do • cohousing • projects • resources
development • awards and news • edg architects • contact • phone 301-654-6670
© 2002-2014 Eco Housing Corporation™, 3 Bethesda Metro Center, Suite 110, Bethesda, MD 20814