There are a variety of ownership models that can help control the costs of housing and make other options available.
Many different models exist but certain aspects of these are common:
- Individual houses are very small and cars are kept at the edge of the site.
- Laundry space is shared, as is community meeting space and guest rooms.
- Often there is a shared cooking space where meals are taken together at least several times a week.
The cost of new construction and of planning efforts (especially having future residents involved in design) can present challenges. Thus a variation is pre-designed and built cottage neighborhoods or pocket neighborhoods which people can buy/rent if they like what they see.
The co-op model generally means shared ownership of all the buildings and management by a committee of owners. This model can reduce mortgaging overhead, make financing possible, and lower the income levels a CLT can serve through use of blanket mortgages to the corporation, rather than individual mortgages.
An Intentional Community is an inclusive term for ecovillages, cohousing, cooperative living, residential land trusts, communes, student co-ops, urban housing cooperatives, and other related projects and dreams.
Other Shared Equity Arrangements
Community Land Trusts