Tag: Limited equity cooperative
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.
Investment Without Displacement: From Slogan to Strategy
How investments can be leveraged to ensure residents get to stay in their communities and reap the benefits of new amenities and increased accessibility.
Homeless Vets Given Keys to a New Home and Life
The Gordon H. Mansfield Veterans Community in Agawam, Massachusetts, offers housing for homeless veterans, along with access to various other supportive services.
Solutions to an Unjust Housing System
Four scalable land and housing models can provide justice, and homes, for our communities. But we need support to protect them from market pressure.
The State of Permanent Affordability
In the face of accelerating gentrification, along with ongoing speculation and eviction, the idea of putting a substantial number of homes outside of the reach of the speculative market has been gaining momentum across the country.
A Low-Cost Ownership Oasis in a Desert of Apartment Unaffordability
When this limited-equity cooperative in California began more than 30 years ago, it wasn’t the most affordable place to live. But now the co-op’s monthly costs are 50 percent lower than the average market-rate apartment.
The State of Shared-Equity Homeownership
Though the need is greater than ever for resale-restricted, affordable homes, the growth of this model of homeownership appears to be limited.
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.
Creating the Commons
The commons can be understood as a set of resources that have been de-commodified: that is, these are resources that are used to directly support life, rather than to extract a profit through sale on the market.
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.