Mosaic Commons:
Associate / Equity Member Checklist

Requirements to become an Associate:

To become an Associate, state your intent during the approve agenda / announcements portion of the meeting. If the group agrees that you have met the requirements below, you then sign this agreement: Associate Agreement. This checklist details the current requirements.

Actively participate in the group for at least 30 days. During that time:

Requirements to become an Equity Member

To become an Equity Member, state your intent during the approve agenda / announcements portion of the meeting. Because all associates and members must come to consensus to accept new equity members, it is best to let the group know beforehand via email so that we can be sure to have proxy for those who cannot be at the meeting. Presuming the group comes to a favroable consensus, you sign this agreement: Equity Member Agreement. This document details the current requirements:

First, you must fulfill all of the requirements above for Associates in order to become an Equity Member. You may become an Equity Member without being an Associate first, but you must still fulfill all of the above requirements.

Unit Type
Monthly
Contribution
1 bed
$ 500
2 bed
$ 550
Small 3 bed
$ 675
Large 3 bed
$ 850
4 bed
$1000

In addition you are committing financially, as follows:

Make an initial threshold contribution amount of $1500 and make monthly payments in the amounts at right until 5% of their unit cost is met. Exceptions may be made by the Finance Committee on a case by case basis. (Policy to be revisited in September, 2002, or when we select a site and calculate a new working budget.)