La Borda’s own account of its completed Barcelona project documents a mixed cooperative capital stack: member and collaborator contributions, a Coop57 loan and participatory titles issued with Coop57, plus a participatory loan from La Dinamo, a foundation supporting the use-right housing model. Project viability rests on ongoing use-fee income and ancillary commercial-premises/parking income. The page gives no current offer, live subscription window or terms for a new group; treat it as a financing precedent and a network to study, not a funding application. For current Coop57 terms see ct-coop57-habitatge, La Dinamo’s documented project loan role and 2024 portfolio are detailed in ct-private-la-dinamo, and Sostre Cívic’s current member-capital status is in ct-member-capital-sostre-civic.
The case demonstrates that a foundation may advise or provide subordinate or participatory project finance without becoming the housing cooperative or the project’s automatic borrower. Request current availability, borrower and instrument documents directly from any proposed intermediary. Do not assume that La Dinamo’s historical participatory loan, La Borda’s titles or its construction finance remain open to other projects. Compare the institutional-scale but borrower-specific CEB operation in ct-private-ceb-sostre-civic and Walden XXI’s lender/guarantee package in ct-private-seira-caixa-enginyers-walden.