An Evaluation of Limited equity Housing Cooperatives in the United States
AbstractLimited equity cooperatives (LECs) are evaluated within the following framework: 1) the effect of resident participation on operating costs, 2) the disutility of time and effort that members devote to co-op activities, 3) the intangible benefits of co-op living, 4) the degree of subsidization, and 5) the financial viability of LECs. As a result of information gathered from interviews of field practitioners and academic experts, the authors' personal experiences, and a review of the literature, LECs are seen as an effective way of providing home-ownership opportunities for low-income families the United States.
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Bibliographic InfoPaper provided by University of Connecticut, Department of Economics in its series Working papers with number 1995-02.
Length: 50 pages
Date of creation: Mar 1995
Date of revision:
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