Yesterday, our loan was approved for our cohousing project. This is a HUGE milestone for us. Due to the current economic climate as well as the innovative nature of our project, we were turned down by bank after bank. After much ado, we found a bank who was interested and willing to fund the project. Now that we are approved, we can stop dreaming and start building. We plan to break ground in April. All the permits are through the city and we are ready to get started. This is a very exciting time.
Here is a rendering of the site. Our house is the second in from the right on the wetlands border (on the fence line). The longish white house in the upper right hand corner is the common house (which already exists and will be undergoing some minor remodeling). It's crazy to think that someday we will actually be living there!
yay! congrats... must be a relief to have the bank component squared away!
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