Tiny home communities

Town
Operating Budget

As part of our internal feasibility study, we have determined a cooperative fee of just $375 per month (site rent including utilities) will cover all ongoing expenses and build an operating fund for the future needs of each community.

The key points used in determining the fees included:

  • A long-term-debt reduction fund set at 20% of cooperative fees. This covers the portion of start-up costs assigned to the community and drops to under 5% as the community expands.

  • A common expense fund to cover community operational expenses and maintenance.
  • Utility budgets for the maintenance and operation of each off-grid service.
  • A taxes component is part of the cooperative fee collected monthly on each site occupied in the community.
    This converts the municipal tax revenue from a single-family residence to multi-unit income, with very little additional expense to the municipality.

Not-for-profit

One should note that there is no profit component included in the cooperative fees collected each month, only budgets for the community operations, enabling these communities to provide affordable housing for generations to come.

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Disclaimer
Last updated: June 01, 2019

The information contained on https://tinytownassociation.com, https://24pillars.com websites (the "Service") is for general information purposes only.

While we endeavour to provide true and accurate information, the Tiny Town Association assumes no responsibility for errors or omissions in the contents of the Service. The Tiny Town Association requires that you contact the location where you are interested in living Tiny, to confirm that how you want to live is currently allowed and secure their approval before you proceed in any manner.

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