Equity and Affordability with Housing Cooperatives
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Many communities are in need of new opportunities for affordable and equitable housing options. Housing cooperatives are an important resource to meet housing needs, offering flexibility in the types and structure of housing cooperatives, financial benefits for co-op members, a sense of community, pride of ownership, and stability in the housing market. However, effective governance and ensuring adequate reserves for maintenance are typical challenges in cooperative housing.
This course will provide examples for small towns and rural areas, cities, as well as the popular model of senior housing cooperatives.