Happy Announcements For Summer 2023!
Whew! It’s only the beginning of another long hot summer in Austin. We hope you find time to play and enjoy these lazy summer days as we prepare for a busy and productive late summer and early fall.
Please remember to hydrate and stay safe in the heat no matter how you plan to enjoy the summer.
Highlights
We did it! We completed the AARP-sponsored Start.coop Spring 2023 Accelerator and received our first grant of $10,000. Until now, we have operated solely on the backs of our board members and the monies we have raised in two small fundraising events. Now we have enough funds for architectural renderings, marketing materials for informational events, and a small operations budget to help defray some of our ongoing startup expenses. Carol prepared a new pitch for our Start.coop graduation. The recorded video should be available for us to post on our website by the end of this week.
And we just received word last week—Carol has been accepted into the new 2023 Small Developer Training Program hosted by Capital Impact Partners and Housing Works Austin. Having created a draft of our important financial model during the course of the Start.coop accelerator, Carol will be honing and polishing it as she completes the Small Developer Training Program.
We won’t know the results until September, but we also just applied to receive a Capital Impact Partners 2023 Co-op Innovation Award, sponsored by the National Cooperative Bank. We should know by the end of July whether we will be a finalist in the competition.
We’re very pleased with all these developments!
Low Lights
We have still heard nothing from the developer or the City of Austin on the progress of Crestview Village and our small role in the project.
Many Thanks
Thank you John Vinson and Don Young for your years of board service! We wish you both all the best as you tend to your personal needs.
And we are very grateful to AARP, Start.coop, Cooperatives for a Better World, Capital Impact Partners, Housing Works Austin, and the National Cooperative Bank for supporting initiatives like ours.
Because we have lost two significant board members, we are on the lookout for new faces. If you have a passion—like we do—to solve this really tough nut of affordable housing for seniors, please contact Carol. She would love to hear from you!
Asks
As always, please share our news and newsletter widely!
Remember,
those wanting to support affordable cooperative housing for seniors in Austin can donate, and
others who want to live cooperatively can sign up to become a member …
… at any time by visiting our website.
If you are still sitting on the fence—but curious—please feel free to reach out via email.