Wednesday, November 21, 2007

Greenbush Update - The Waiting Game

Before, we were waiting for the final drawings to be done (our architects pushed it through remarkably fast, so thank you!), and now we're playing the waiting game again.

Rendering for Greenbush, MN project, via Vivus Arhictecture + Design

This will hopefully meet the LEED-H criteria once it is built, use local materials, and also teach the local community and contractors about green building.

As I posted earlier, we are currently waiting for construction bids to come back. It is hunting season in Minnesota so we're expecting the first bids to come in by December 1st.

We are also exploring options for financing the construction loan. We have had one amazing person offer a personal donation but we will only use that if we cannot obtain the construction loan through the bank. The housing market has changed so drastically in the last 18 months and it is not as easy to get a fully-covered construction loan as it used to be, even for a green, energy-efficient house. We still need to sell the house eventually and the market isn't as promising as we'd like. The hope is to pre-sell the home first to someone working at the Central Boiler plant, since their expansion was what initially prompted the need for housing in that area.

In the meantime, I am going over the LEED-H criteria in anticipation of questions, questions, and questions!

Stay tuned for more updates!

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