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do place based strategies improve residents’ lives?
The cooperative movement is growing quickly from the establishment of worker owned cooperative businesses to Cooperatively owned housing and is building community ownership and wealth and serving to reduce social and economic inequality - HUD could have significant impact by connecting and partnering with the many local and regional grassroots groups advancing the cooperative model, such as the following:

Cities, Inequality and the Common Good

"As investors move to buy up foreclosed homes and so-called "vacant lots" on which community gardens sit, to displace many longstanding businesses and cultural institutions, local residents and activists propose instead to take some of these properties out of the real estate market altogether. To do so, they are creating limited-equity cooperative housing, real estate investment cooperatives, and other mechanisms to stabilize neighborhoods and to preserve long-term affordable residential, commercial and artistic spaces."

This Group Wants to Help Lower Rents by Buying Real Estate as a Collective

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Exploring the Community Cooperative Model - by Sally Stevens - 10-31-2015, 04:27 PM
Thank you - by - 11-04-2015, 04:03 PM

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