A cohousing project in formation; loan for acquisition and predevelopment costs.
"Cohousing is perfect for me, it's affordable, it's accessible, and it's a community."
To read the borrower profile click here
Burlington has won the Home Depot Foundation Award of Excellence- see this link for the video http://www.youtube.com/watch?v=ypQ7B1hIBSg&feature=youtube_gdata.
The award was for sustainable development in cooperation with city agencies and other stakeholders- in our case Champlain Housing Trust, Vermont Housing Agency, Cooperative Fund of New England, and East Village Cohousing- the model project. The monetary award was shared among the City, CHT and Burlington Cohousing Dev LLC.