Strengthening Affordable Homeownership Opportunities through Limited Equity Cooperatives
Limited Equity Cooperatives (LECs) are a form of affordable homeownership where residents collectively own their housing and agree to limit resale prices, thereby preserving long-term affordability for future generations. These cooperatives are particularly vital in Washington, D.C., where rapidly rising housing costs and historical housing policies have disproportionately displaced Black,... Read more
Ensuring Rent Control to Provide Equitable Housing Opportunities
Washington D.C. is working to increase the availability of affordable housing for its residents, with more than one-third of all households in the district spending more than 30 percent of their income on monthly housing payments and utilities. To help ensure equitable housing options for residents, district officials have prioritized... Read more