In order to join the community and purchase a unit, we need you to get to know the group and agree to support our previous decisions. New households put 5% down and sign a purchase and sale agreement.
To learn about the group, there are two things you should do.
Once you've learned about the group, here's what you need to do in order to join and purchase a unit:
At your first General Meeting, you'll be assigned a Mentor to be your point person for any questions you might have, and to help you get to know the people in the group. You'll also be added to our internal email list, and be given a website login. From the beginning, you're welcome to participate in the discussions as much as you feel comfortable. It's also fine to sit back and listen!
Now you're ready to join and purchase a unit! Let us know that you want to join the group. All new memberships are by consensus, and we have a great Equity Membership process [4] that makes sure we have all our membership and financial ducks are in a row.
If you have questions about this process, please email us at info@mosaic-commons.org [5], or contact Steph by phone at 508-453-0446.
We also have the option to join the group as an Associate, for people who qualify for the 40b lottery [6] or for those who would like to participate but aren't yet ready to make the financial commitment.
To become an Associate you should do everything above, but instead of letting us know you want to purchase a unit, let us know at that point that you want to become an Associate.
Associates are actively involved in the process of building our community, and participate in consensus decision making but without a blocking card. Associates do not get seniority towards a particular unit or unit type.
Associates who qualify for 40b pay $20 monthly per household. All other Associates contribute an initial $50 and then monthly dues of $30 for the first, $20 for the second, and $15 for each additional participant from the household.
Links:
[1] http://www.mosaic-commons.org/
[2] http://www.mosaic-commons.org/avfn
[3] http://www.cohousing.org
[4] http://www.mosaic-commons.org/equityprocess
[5] mailto:info@mosaic-commons.org
[6] http://www.mosaic-commons.org/40b