An Evaluation of Limited equity Housing Cooperatives in the United States

Gerald Sazama and Roger Willcox
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Gerald Sazama: University of Connecticut
Roger Willcox: National Association of Housing Cooperatives

No 1995-02, Working papers from University of Connecticut, Department of Economics

Abstract: 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.

Pages: 50 pages
Date: 1995-03
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:uct:uconnp:1995-02

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