The Financial Model
Grassroots Community Funding
Bodhi Village is primarily funded by an up-front fees model. In order to ensure long-term affordability, we eliminate dramatically increasing project costs by avoiding traditional investors and high interest charges. Residents pay 5 years' fees up front and are given a life-time cap on increases. This fee includes rent, utilities, housekeeping, full-time comprehensive concierge services, and activities such as yoga, guided meditation and community-sponsored cultural and service projects.
Each of the 10 apartments is just under 500 square feet and has either a private balcony or patio. Couples have the option to make two apartments into one if there are two side-by-side. There are beautiful shared spaces to enjoy as well.
Additional services can be added as needs change over time.
The 5-year upfront amount is $60,000 for each apartment. There may be some flexibility for those who do not qualify for this option. There are also investor options for those who prefer this type of strategy over the up-front monthly fee model.