How does Keep Cascadia Weird work?
Soon, Keep Cascadia Weird will stop looking like a static website and turn into a dynamic social network that allows Cascadians to organize in-person hangouts and coordinate real estate investments. Our philosophy is simple: when we get-together, we can create transformative change. Groups on Keep Cascadia Weird can take many forms, including amateur sports teams, book clubs, and social groups. However, each group also has a secondary function: pooling money to buy buildings and lease them affordably or renovate a property for community-serving uses. A community-serving use could include the group’s primary reason for organizing, such as a library for a book club.
How does a group make investments?
Once a group is established, it will form a relationship with one of our partner credit unions by purchasing a Keep Cascadia Weird Certificate of Deposit (CD). The minimum purchase is $500, there’s no maximum, and the term is five years. The group then votes on a project it wants to support (see how Keep Cascadia Weird creates cooperative projects). Next, the money from the group’s CD is pooled with other CDs and made available to a cooperative project as a low-cost loan. Your CDs guarantee that loan. While this means that there is more risk associated with a Keep Cascadia Weird CD (see what risks I am taking), your money is used for tremendous good in return for that risk. Better still, Keep Cascadia Weird, through its parent, the Routes Maker Cooperative, is a member of ******** ******** . As a result, each group will receive an equivalent of barter credit for each dollar they invest in a Keep Cascadia Weird CD. Thus, as your group saves, your group does not lose spending power.
Keep Cascadia Weird creates cooperative projects