Cooperative Housing Blog
NAHC’s Cooperative Housing Blog addresses hot topics for professionals in the housing cooperative industry. Legal issues, governance, development, tax tips and more are all up for discussion. Stand with NAHC at the forefront of cooperative housing issues to keep the conversation going!
Creating Affordable Cooperatives is Akin to Layering a Cake
by Hugh Jeffers | October 23, 2020 | Financial Issues
With construction costs so high in most areas of the country, it is nearly impossible to create a new housing cooperative that is affordable or attainable using the traditional model of blanket debt and share financing covering the entire development cost. In order to create affordability in a new cooperative, the trick is to use […]
Cooperative Business Head is the Keynote Speaker at the NAHC Virtual Summit
by NAHC | October 23, 2020 | Cooperative News
The National Association of Housing Cooperatives (NAHC) will convene its first-ever virtual summit on November 11–13, 2020. The online program will feature a keynote speaker and deliver seven online learning sessions and special events, such as social activities, engaging breaks, and games. Doug O’Brien, president and chief executive officer (CEO) of the National Cooperative of […]
Comparative Study of 4 Affordable Home Ownership Models and Market-Rate Ownership and Renting Shows Strength of Housing Cooperatives for Low- to Moderate-Income Citizens
by Mikaela Fenton | October 23, 2020 | Financial Issues
The United States is facing a housing crisis. The American workforce of moderate-income citizens—or people who make between 80 percent and 120 percent of the area median income (AMI)—has been highly affected. This group is often stuck paying a significant portion of their income towards rent and cannot make the jump to homeownership due to […]
“ I Was There:” A First-hand Account of Redlining Faced by One Cooperative
by Herbert Fisher | October 23, 2020 | History
It must not be forgotten that even after fair housing rules forced the Federal Housing Administration (FHA) under the U.S. Department of Housing and Urban Development (HUD) to reluctantly change its attitude, the public opposition to integrated housing and consequential integrated schools remained strong. In the mid-1960s plans were made for the development of an […]
Postwar Interracial Cooperatives and the Struggle against Redlining
by David J. Thompson | October 23, 2020 | History
Levittown on Long Island in New York State is regarded as America’s first modern planned suburb. Built to accommodate returning World War II veterans, Levittown opened its doors on October 1, 1947. When complete, Levittown had 17,447 homes with a population of over 50,000. Levittown became the posterchild of the postwar USA and was featured […]
