Tag: limited-equity co-ops
From Mobile Home Parks to Multifamily Housing Cooperatives
As tenants organize to take over their buildings, there's been an increased interest in going the co-op route. Could the networks that support resident-owned mobile home park communities shift their focus to support residents of multifamily buildings that want to go co-op?
Giving Tenants the First Opportunity to Purchase Their Homes
Versions of a law known as the Tenant Opportunity to Purchase Act are being proposed across the country—in places like New York, Massachusetts and California. Could giving tenants a first right of purchase further protect renters?
It Doesn’t Matter if Your Neighborhood Is Going to Eventually Gentrify
“We could use some gentrification here.” Let's never say this—we must refrain from debating the long-term likelihood of gentrification in distressed places.
Co-ops: Resistance to Living in the Land of the Lord
For Section 8 recipients, a step toward economic mobility (and community control) can be limited-equity cooperatives. A Section 8 voucher can be used to pay some of the monthly carrying costs of a co-op unit.
Will Limited-Equity Cooperatives Make a Comeback?
Federal programs and cultural attitudes that helped launch a majority of the large limited-equity co-ops across the nation are long gone, but at a smaller scale, this model of resident-controlled, long-term affordable housing may be experiencing new interest.
Shared Equity Homeownership
This breakthrough study on shared equity homeownership—limited equity co-ops, community land trusts, and inclusionary units—examines the benefits of these models within a sectoral framework to redefine the housing ladder.
The Promise and Challenges of Co-ops in a Hot Real Estate...
The Clinton neighborhood, also known as Hell’s Kitchen, sits in the western middle of Manhattan. From the urban disinvestment of the 1960s through the...
There is no reason why people who have worked so hard to build lives and improve their neighborhoods should not be able to stay there.