Cohousing Members /Buyers Pay
Development Entity
(Eco Housing
Corp.) Pays

Receiving credit toward
their purchase price:

  • Initial Membership Fee
  • Workshop Fee payments
  • Retreat Fee payments
  • Reservation Fee payments
  • 5% downpayment

Receiving no
credit toward their
purchase price:

  • Meeting Room costs
  • Initial marketing & outreach costs
  • Community administrative costs, e.g. copies, phone, postage, etc.
  • Land Acquisition
  • All site development and construction costs
  • Architecture & engineering fees
  • Permits, water & sewer tap fees
  • Insurance, legal, property taxes, outside organizational development professionals, initial HOA expenses, and other project related administrative costs
  • Interest & fees on all financing
  • 's Project Management Fee
  • Marketing costs for advertising, promotion, printing, signs, etc.
  • Seller's real estate closing costs

All of the above costs are part of the Project Budget,
funded through:

  • LLC capital contributions
  • Buyer's deposits
  • through its cash on hand
  • Private lenders
  • Bank construction loan
  • Closing proceeds
  • The payroll costs for all employees and the related office administrative and and bookkeeping help.
  • The office overhead for such as rent, office supplies, telephone, etc.
  • All travel expenses for employees

pays the above from the Project Management Fee it receives from the Development Entity.

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