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An Evaluation of Limited equity Housing Cooperatives in the United States


  • Gerald Sazama

    (University of Connecticut)

  • Roger Willcox

    (National Association of Housing Cooperatives)


Limited 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.

Suggested Citation

  • Gerald Sazama & Roger Willcox, 1995. "An Evaluation of Limited equity Housing Cooperatives in the United States," Working papers 1995-02, University of Connecticut, Department of Economics.
  • Handle: RePEc:uct:uconnp:1995-02

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