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How much will it cost to live in Iowa City Cohousing?

Until we have designs in hand, specific costs are impossible to determine. We expect housing units to range in size from about 650-1800 square feet—a mix of efficiency apartments and 1- 2- and 3-bedroom units. The costs will probably be similar to homes of comparable size in Iowa City. There will also be a monthly fee similar to a condomium fee for the upkeep of the common areas.

Are pets allowed?

Yes, pets will be allowed. See Community Agreements for more information.

What are my responsibilities as a member?

See Getting Involved.

When will I be asked to make an investment?

Upon joining the group, each household pays an application fee of $100 and then, upon completion of the application process, pays a membership fee of $900. Both fees are nonrefundable*. (See Getting Involved.)

*Note: If you anticipate this fee will be barrier to your involvement, talk to one of the Board of Managers about possibilities. We have a limited amount of assistance that could be provided.

Once we have half of the housing units spoken for, group members will be asked to make an investment to allow us to secure a building loan. Members will be expected to pay a reservation fee (similar to a down payment) and will have the opportunity to invest with earnings beyond that. See membership options.