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Dear Louise and group members,
I agree we need a platform to share ideas, and especially about fundraising for purchase of property or construction costs. We have completed all the steps in creating our pilot project CLT on the Southern Moreton Bay islands and building our first house at https://smbi-clt.org.au/. The CLT owns the land.
One opportunity for supporters is to help us finance construction costs. We need $150,000. The banks are reluctant to finance CLTs so far. We have about $80,000 possibly committed. We are paying 4% interest if anyone wants to support our project. $5000-$25,000 would be the ideal investment.
Thank you for your consideration.
Gary Flomenhoft, PhD
Board Member SMBI-CLT
Partner, CLT Associates