S2E5: BUILDING TRUST
WITH GUEST JOHN COOLEY
In S2:E5: Building Trust, we hear about the developer side of these partnerships. Join Ram and Elizabeth as they sit down with John Cooley, chief operating officer of Terramark Urban Homes. John shares about the importance of building trust between nonprofits and developers to develop plans that align with an organization’s mission.
SHOW NOTES
KEY TAKEAWAYS
3:40 “For us, I think the focus is really on, How do you take something that’s less than an acre, and turn that into an asset that serves your mission going forward?”
10:34 Valuing Land
“What can we do with this property? And once we figure out what we can do, we can start to kinda back into a price of, well what’s it worth then? If we do this, what would the land component of it be worth?”
17:40 Building Trust
“Trust takes a while to build, it really does. In any relationship, but particularly any one that involves a decent amount of money.”
23:20 The Bottom Line
“When you build a house, you can waive those sales taxes if the not-for-profit is the partner in the deal, so that can go right back down to the bottom line of making the house that much more affordable.”
26:00 “I know of Terramark, I’ve known of their work for a long time, and they always leave the neighborhood happy.”
CONTACT
Ramiro Gonzales | Westside Development Corporation
Elizabeth Coffee | Mission City Renewal
John Cooley | Terramark Urban Homes
READ MORE
Terramark building mixed-income apartment complex on near West Side, San Antonio Express-News
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THANK YOU TO OUR SPONSORS
“Part of what makes a congregation great is that community. Looking in your near proximity to say, “What are we doing to address these things in our community?”” — John Cooley
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