Upwardly Mobile, New Obtainable Homes for the (sm)

<body bgcolor="#FBEF9B"> <p align="center"><b><font size="6" face="Bauhaus 93"><a href="http://www.cooperativehomeowners.com">New Homes for the Upwardly Mobile</a>*</font></b></p> <p align="center"><b><font face="Tahoma" size="2"><u>(This site contains the Business Plan)<br> *(Visit our Consumer Information Website on the <a href="http://www.cooperativehomeowners.com" target="_top"> Cooperative Homeowners Association</a>)</u></font></b></p> <p align="center"><b><font face="Tahoma" size="4">Creating Housing that the Working Middle Class can Truly Afford<br> </font><font face="Tahoma" size="3">Affordable Homes for Southern California Families</font><font face="Tahoma" size="4"> <br> </font><font face="Tahoma" size="2"><u>Affordable Housing for Los Angeles, Ventura, Santa Barbara County and elsewhere</u></font></b></p> <p align="center"><i><b><font size="4">Remodeling Existing Old housing stock in Central Los Angeles or developing<br> New Single-family homes on high density-zoned properties, including:</font></b></i><font color="#0000FF"><b><br> Mixed Income, Village-style, Mixed Use, Green Housing & Renewable Energy,<br> Native Species Habitat, <a href="http://www.ncbdc.org/documents/Co-opAdvantage_000.pdf" target="_blank"> Affordable Co-operatives</a>, <a href="http://communitylots.org/clt/" target="_blank">Community Land Trusts</a>, Sweat equity,<br> Lease-to-own, Pre-fabricated Manufactured Housing, Easy & Low Cost to buy into</b></font></p> <p align="center"><font color="#0000FF"><b><i><a href="files/The_Process.htm">"It's not just about an organization, it is about a process."</a></i></b></font></p> <div align="justify"> <table border="0" width="100%" height="486"> <tr> <th width="5%" height="137" valign="top"> <h4 align="center" style="line-height: 150%; border-style: double; border-color: #378A0F"><a href="About_HUM.htm#The Difference between PHA & other Developers" name="Our mixed income developments"><b><font face="Tahoma" size="2">Our mixed income housing co-op developments are for three income classes of<br> <i>resident-shareholders</i>, in the following production ratio:</font> </b></a> <a href="files/executive_summary.htm#We propose self-funding sales, management & operations, after initial sales occur, by:"> <b> <font face="Arial Black" size="3"> <br> Middle </font></b><font face="Arial Narrow" size="2"> income (65% of production) sold at </font><font face="Arial Narrow" size="4"><b>cost plus</b></font><font face="Arial Narrow" size="2"> <br> </font><b><font face="Arial Black" size="3"> Lower</font></b><font face="Arial Narrow" size="2"> income (25% of production) sold as </font><b><font face="Arial Narrow" size="4">privately subsidized<br> </font><font face="Arial Narrow" size="2">(</font><font face="Arial Narrow" size="3">Includes </font><font face="Arial Narrow" size="2"> 12.5% for </font><font face="Arial Narrow" size="3"> Low Income</font><font face="Arial Narrow" size="2">, and 12.5% for </font><font face="Arial Narrow" size="3"> Moderate Income</font><font face="Arial Narrow" size="2"> Households)<br> </font> <font face="Arial Black" size="3"> Upper</font></b> <font face="Arial Narrow" size="2"> income (10% of production) sold at somewhat under </font><b><font face="Arial Narrow" size="4">market</font><font face="Arial Narrow" size="3"> </font><font face="Arial Narrow" size="4"> rate *<br> </font></b> </a> <font size="2" face="Arial">(Profit from upper income sales will provide the subsidy for other development.<br> * Upper Income production will not always occur on the same property<br> Upper Income development may not be manufactured housing)</font> <a href="files/executive_summary.htm#We propose self-funding sales, management & operations, after initial sales occur, by:"> <b><font face="Arial Narrow" size="2"> <br> </font></b> </a> <b><font face="Arial Narrow" size="2"><i>These groupings by income will be further segmented into either a Market or Limited Equity Co-op</i></font></b> </h4> <hr> <p align="center" style="line-height: 150%; border-style: double; border-color: #378A0F"> <font face="Arial Narrow" color="#800000" size="2">(<a href="About_HUM.htm#Special Population Segment">Some space is reserved for a special population segment</a>)</font> <font face="Arial Narrow" color="#800000" size="3"> <br> <a href="files/property_design.htm">Click here to see a sample of one potential kind of development</a><span style="background-color: #FFFF00"><a href="About_HUM.htm#mixed income"> <br> Why Mixed Income?</a></span></font><a target="main" href="files/not_all_developments_same.htm"><font size="1"><br> </font> <font size="2">Not all of our developments are planned to be mixed income,</font></a><a target="main" href="about_HUM.htm#mixed use"><font size="2"><br> (nor will they all be mixed-use: commercial & residential)</font></a><font size="2"><br> </font> <hr> <p align="center" style="line-height: 150%; border-style: double; border-color: #378A0F"><i><font color="#0000FF" size="4"><b><br> </b></font></i><font color="#0000FF" size="4"><b><i><span style="background-color: #FFEEDD">"Do something for others, while helping yourself"</span></i></b></font><br> <p align="center" style="line-height: 150%; border-style: double; border-color: #378A0F"><i><font color="#0000FF" size="4"><b><a name="To discuss this project"> <br> To discuss this project</a>, volunteer, donate or to<br> arrange for a personal or group presentation,<br> please contact <a href="housing/contact.htm" target="main"> Gary R. Cook</a>, Development Sponsor<br> Call days: (626) 940-7422, or <a href="mailto:gary@prospectivehomeowners.com">e-mail</a> </b></font></i> </th> </tr> <tr> <td width="5%" height="175" bordercolor="#0000FF" valign="middle"> <p align="center"> <font color="#0000FF"><b><i><br clear="left"> The Middle Class has already voted with their feet - let's put it back together!<br clear="all"> </i></b></font></p> <p align="center"><font color="#0000FF"><b><i><a href="housing/act/issues_need_help_with.htm"><img border="0" src="images/j02407691.gif" width="181" height="97" align="middle" alt="Here's how YOU can help!" hspace="100"></a></i></b></font></p> <p align="center"> <font color="#0000FF"><b><i><br> <a href="CPR/responsibilities.htm#3,000 unpaid hours"> Over 3,000 hours of research & planning have gone into this project to-date</a></i></b></font></p> </td> </tr> <tr> <td width="5%" height="158" bordercolor="#0000FF" valign="middle"> <p align="center" style="margin: 10"><font color="#0000FF" face="Bauhaus 93" size="5">A Social Enterprise producing</font></p> <p align="center" style="margin: 10"> </p> <p align="center" style="margin: 10"><font color="#0000FF" face="Bauhaus 93" size="5"><a href="http://www.ashoka.org/fellows/social_entrepreneur.cfm">Social Entrepreneurial</a> Solutions</font></p> <p align="center" style="margin: 10"><font color="#0000FF" face="Bauhaus 93" size="5"> <br> to long-standing systemic problems</font></p> </td> </tr> </table> </div> <hr> <table border="0" width="100%"> <tr> <td align="center" valign="middle" width="196" bgcolor="#FFFFFF"> <img border="0" src="housing/images/PHA_Logo_Sm.gif" width="100" height="100"> <p> <a href="housing/index.htm" target="_blank"><font size="4" color="#378A0F">Prospective Homeowners<br> </font></a><font color="#378A0F" size="2">Buyers Club, </font><font size="2"><font color="#378A0F">Mutual Benefit &</font> <font color="#008000">Co-operative<br> </font></font><font color="#378A0F" size="2">Homeowners Association</font></td> <td align="center" valign="middle" width="100%" bgcolor="#FFFFFF"> <p align="center"><img border="0" src="HRU/images/HFTROU.gif" align="top" width="309" height="102"></p> <p style="word-spacing: 0; line-height: 100%; margin: 0" align="center"><a href="HRU/index.htm" target="_blank"><b><font size="3">Homes for the Rest of Us</font></b></a><br> <font size="2">Privately financed homes will be built by internally-<br> subsidized development through sales to the Upwardly Mobile.<br> Homes will be built by CPR, a wholly-owned subsidiary developer.</font> </td> <td align="center" valign="middle" width="196" bgcolor="#FFFFFF"> <img border="0" src="CPR/images/CPR.gif" width="128" height="71"> <p align="center"> <a href="CPR/index.htm" target="_blank"><font size="4" color="#378A0F">Competitively Priced<br> Residences<br> </font></a><font color="#378A0F" size="2"> Home Development<br> 10% @ somewhat under market rate &<br> 65% sold @ Cost-Plus<br> 25% built for HRU</font></td> </tr> </table> <div align="center"> <center> <table border="1" width="100%" height="25"> <tr> <td align="center" bgcolor="#FBEF9B" width="25%" valign="middle" nowrap height="25"><font color="#0000FF" face="Arial Narrow" size="2"><b><a href="files/current_events.htm" target="main">Current Events</a></b></font></td> <td align="center" bgcolor="#FBEF9B" width="25%" valign="middle" nowrap height="25"><font color="#0000FF" face="Arial Narrow" size="2"><b><a href="files/housing_job_listings.htm">Employment</a></b></font></td> <td align="center" bgcolor="#FBEF9B" width="25%" valign="middle" nowrap height="25"><font color="#0000FF" face="Arial Narrow" size="2"><b><a href="housing/contact.htm">Contact Us</a></b></font></td> <td align="center" bgcolor="#FBEF9B" width="25%" valign="middle" nowrap height="25"><font color="#0000FF" face="Arial Narrow" size="2"><b><a href="files/housing_news.htm" target="main" name="Housing, Economic & Social Responsibility News">Housing, Economic & <br> Social Responsibility News</a></b></font></td> </tr> </table> </center> </div> <p align="center"><font size="2"> As of: 07/08/2010</font></p> <p align="center"><font size="2"><i>Note about example floor plans & model homes listed on this website: We do <b>not endorse nor recommend</b> any particular model, dealer, manufacturer or wholesaler for any purpose. Inpoint of fact, most models we see at this point don't fit the bill for what we're working to accomplish overall, and will necessarily have to be changed to suit our purposes. This plan is developed so that committees, when in place, may make those decisions. No homes  on this website are offered <b>for sale</b>. Our purpose for being is to organize, design, build and <b>purchase</b> as a group. Ideas herein are listed as examples only and not for any other reason.</i></font></p> <p> </p> </body>