I spent a couple of hours this morning on the mortgage application for our new housing co-op (incidently, we're called the Hub Housing Cooperative, Inc.). We're working with the Chicago Community Loan Fund and they have a standard application that is very detailed and clearly geared toward larger organizations. It's hard to know exactly how much of this applies to us, but one thing is for sure, they need a pretty clear budget. The acquisition of the building is the biggest cost, then the construction/renovation, but then all those smaller items I'm not so sure about. Environmental review? Architect? I also have to get financial information from each of the five households that are part of this deal. Until now everyone's been acting very quickly and cooperatively whenever something needs to happen fast. I'll have to get on the phone to contact people later on. We still seem to be on track to get our mortgage approved by Dec 20th and then we'd close shortly thereafter.