Comments on: Financing Update http://www.100khouse.com/2007/11/27/financing-update/ The former home of the 100k Blog Wed, 01 Feb 2012 22:21:06 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: chad http://www.100khouse.com/2007/11/27/financing-update/comment-page-1/#comment-34 chad Thu, 29 Nov 2007 13:09:17 +0000 http://100khouse.com/2007/11/27/financing-update/#comment-34 The Enterprise organization looks like they have quite a range of products that may be helpful to us. I'll have to look into further. It seems that they have products for both low-income housing as well as market-rate. While we are targeting a lower end of the Philadelphia market with these homes they are still technically market-rate and not low-income as they are not subsidized in any way. Our hope is that the project will influence non-profits and low-income projects and possibly lead to us being involved in low-income projects in the future. I don't know what those projects might be at this time but will begin researching more once this project is successfully off the ground... The Enterprise organization looks like they have quite a range of products that may be helpful to us. I’ll have to look into further. It seems that they have products for both low-income housing as well as market-rate.

While we are targeting a lower end of the Philadelphia market with these homes they are still technically market-rate and not low-income as they are not subsidized in any way. Our hope is that the project will influence non-profits and low-income projects and possibly lead to us being involved in low-income projects in the future. I don’t know what those projects might be at this time but will begin researching more once this project is successfully off the ground…

]]> By: chad http://www.100khouse.com/2007/11/27/financing-update/comment-page-1/#comment-33 chad Thu, 29 Nov 2007 12:43:11 +0000 http://100khouse.com/2007/11/27/financing-update/#comment-33 The Home Depot Foundation is a good idea Andrew and I have looked into before. Unfortunately they only work with non-profits. Below is from their website: "The Home Depot Foundation will only fund non-profit organizations that are designated as tax-exempt under Rule 501(c)(3) by the Internal Revenue Service in the United States or that have a notification of registration and confirmation of registration from the Canadian Customs and Revenue Agency Charities Division in Canada." The Home Depot Foundation is a good idea Andrew and I have looked into before. Unfortunately they only work with non-profits. Below is from their website:

“The Home Depot Foundation will only fund non-profit organizations that are designated as tax-exempt under Rule 501(c)(3) by the Internal Revenue Service in the United States or that have a notification of registration and confirmation of registration from the Canadian Customs and Revenue Agency Charities Division in Canada.”

]]> By: Preston http://www.100khouse.com/2007/11/27/financing-update/comment-page-1/#comment-32 Preston Thu, 29 Nov 2007 01:40:47 +0000 http://100khouse.com/2007/11/27/financing-update/#comment-32 Andrew's comment made me remember, you might also try Enterprise Green Communities. I can't recall whether they require several units before they finance, but I think they help. I also thought zerofootprint used to provide help with the additional cost of some green tech, but I can't see that on their website anymore. Andrew’s comment made me remember, you might also try Enterprise Green Communities. I can’t recall whether they require several units before they finance, but I think they help.

I also thought zerofootprint used to provide help with the additional cost of some green tech, but I can’t see that on their website anymore.

]]> By: Andrew http://www.100khouse.com/2007/11/27/financing-update/comment-page-1/#comment-31 Andrew Wed, 28 Nov 2007 19:01:31 +0000 http://100khouse.com/2007/11/27/financing-update/#comment-31 Have you looked into the Home Depot Foundation? http://www.homedepotfoundation.org/support_housing.html Have you looked into the Home Depot Foundation?
http://www.homedepotfoundation.org/support_housing.html

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