Community saves the safe house
Thanks to many individuals, organizations and businesses on the North Shore and beyond, Tahoe Women’s Services was able to make an offer on its Mount Rose safe house on Friday, Feb. 9.
“It’s a 45-day escrow,” said Melanie Kauffman, the agency’s acting executive director. She said they are still in the midst of negotiations.
Inspections are being done now and loan documents still need to be signed.
Some donors have pledged money, and TWS is waiting for its arrival so escrow can be finalized as soon as inspections and further negotiations are complete.
Nanci Glogauer, executive director of Incline Village-based The Parasol Foundation, was instrumental in raising $55,000 to contribute toward the initial investment TWS needed.
“We could not have done it without the support of The Parasol Foundation,” said Estelle Kersh, spokesperson for TWS.
The agency is looking at financing a balance of $170,000 on the property, Kauffman said.
“The seller will carry the note for a year at a mortgage rate consistent with our current budget, giving us time to raise the additional funds,” she added.
“We’re very appreciative to the efforts from the community” toward the purchase of the safe house, Allison Schwedner, director of the house, said.
There have been so many donors, individuals and corporations, that have supported the cause Kauffman said.
She looks forward to celebrating the closing of escrow, which just might occur during the organization’s main fund-raiser, the 13th annual Chocolate Festival, March 24 at 5:30 p.m. at the Tahoe Biltmore Lodge and Casino in Crystal Bay.
For information, call (775) 833-0533.
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