Be Part of L.A. History


 

Opportunity To Be Part of Los Angeles History – August 14, 2016

Lois Arkin

Lois Arkin

I am contacting you because of your interest in the work of Los Angeles Eco-Village (LAEV) and your interest in the journey to reinvent how we live in our cities. The main project of CRSP for the past 25 years has been the two block LAEV demonstration neighborhood where the social, economic and ecological components are being systematically connected, resulting in a higher quality of life at a much lower environmental impact.

 

Our accomplishments include:

  •  50 units of permanently affordable ecologically and permaculture-oriented cohousing

    LA Eco-Village Bimini Apartments

    LA Eco-Village Bimini Apartments

  •  Incubation of new green co-op oriented organizations and businesses, including the Bicycle Kitchen, Cafecito Organico, the Food Lobby, Pacific Electric Worker Co-Op, Relampago Wheelery, the LAEV Family Childcare Service, Urban Soil-Tierra Urbana Limited Equity Housing Co-op, and the Beverly Vermont Community Land Trust.bc162d67-289d-41d0-b2a6-e6249983df7dLAEV intentional community members also helped start or grow CicLAvia, the LA County Bicycle Coalition, the Los Angeles Permaculture Guild, the Arroyo Seco Network of TimeBanks,, and the multi-school White House Place Learning Garden. and last, but not least, the CRSP Ecological Revolving Loan Fund (ELF).

And that last item, the ELF, is a major reason you are receiving this note today. We’re growing the ELF and invite you to be part of it.   Here is the Who, What, Where, Why, and How to be Involved:

Who:  CRSP, the initial nonprofit development organization of LAEV, is in escrow for the quarter-acre auto repair shop and Teriyaki House on the north corner of the LAEV neighborhood at First Street and Bimini Place, adjacent to our largest building.

What: We plan to redevelop the site as the first new construction CAR-FREE mixed-use, permanently-affordable, ecologically-sensitive, culture-changing cohousing co-op community in Los Angeles.  It’s been 70 years since Los Angeles has had a car-free development.

Why:  In spite of billions of public dollars put into our rapidly advancing transit systems, the public is still trapped in auto congestion and gridlock. (Car sales have never been better.) Someone’s got to step in and say “enough already, NO MORE CARS” but also provide an alternative. We’ve decided to meet the challenge. We invite you to come along with us for the joy and excitement of “being the change” our Earth, our Nation, our City so desperately needs.

How you can be involved:

  1. Loan money to our ELF for the corner acquisition. At 1.5%, we’re paying interest rates competitive with your saving accounts. And you’ll know where your money is and the good it is doing. We’re seeking up to 35 loans from $5,000 to $100,000. Ask Lois to send you the two page Prospectus or the longer Draft Property Analysis, Purchase and Development Plan. Visit our website to view the ELF fact sheet and draft loan agreement.
  2. Join the “culture change” team. Are you an anthropologist, sociologist, psychologist, health and wellness advocate, urban planner—professional or amateur—interested in how society changes? Want to help make the change happen? Come brainstorm and plan with us. Join the “culture change” co-op team. We’ll be meeting in person and on-line. Let us know if you want to be a team member or coordinator.

     3.  Become a future member of the car-free cohousing community. Keep in mind that we are within walking distance of two subway stops and 20 bus lines, with another major transit amenity planned for Vermont Avenue. If you or your up-to-three-person household falls within very low to moderate income guidelines, start saving now with ELF for your share payment in the future cohousing limited equity co-op. You’ll be invited to participate in the design and to form community with future neighbors. Your savings will be refundable if you do not become a member of this co-op. Contact Lois for other qualifying criteria.

We are scheduled to close escrow October 8th, 2016 (yay! we got an extension from September 8th), and we have commitments of $600,000. Will you be among the 35 people who help double that in time for the closing and beyond? All three of our multi-family buildings have been acquired by this same method, without bank loans. We invite you to take advantage of the opportunity to make this the fourth!

Thanks for reading and being part of the future.

Lois Arkin
CRSP
Founder, Executive Director
crsp@igc.org
213-738-1254

117 Bimini Pl #221
Los Angeles CA 90004

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Contact Information

117 Bimini Place #221
Los Angeles CA 90004
crsp@igc.org