Affordable Housing Solutions Rooted in Shared Ownership
Member satisfaction score from our annual survey
0/5
Total co-op units launched by Douglass CLT
0
Estimated monthly savings compared to market rent
$0
What is a Co-op?
Limited Equity Cooperatives provide an affordable path to homeownership by enabling residents to share ownership and governance of a building. Each member purchases a share in the co-op, securing long-term occupancy while keeping costs low.
Features & Benefits
Affordability
Reduce monthly housing costs through capped equity and cooperative structure.
Stability
Gain long-term home security with monthly charges designed to cover expenses, not profit.
Shared Governance
Participate in decisions through democratically elected councils and member votes.
Building Equity
Earn modest equity gains with a resale formula that keeps future prices affordable.
Why Choose a Co-op?
How Limited Equity Cooperatives compare to other housing options
Feature
Renting
Market-Rate Ownership
Limited Equity Co-op
Ownership
❌ No
✅ Individual
✅ Shared
Cost Stability
❌ Frequent increases
❌ Mortgage + rising costs
✅ Predictable charges
Governance
❌ None
❌ HOA or private mgmt
✅ Member-run board
Equity Building
❌ None
✅ Full equity
✅ Modest, capped
Affordability for Next Household
❌ No
❌ Market-dependent
✅ Resale restrictions
Ownership
Renting: ❌ No
Market-Rate Ownership: ✅ Individual
Limited Equity Co-op: ✅ Shared
Cost Stability
Renting: ❌ Frequent increases
Market-Rate Ownership: ❌ Mortgage + rising costs
Limited Equity Co-op: ✅ Predictable charges
Governance
Renting: ❌ None
Market-Rate Ownership: ❌ HOA or private mgmt
Limited Equity Co-op: ✅ Member-run board
Equity Building
Renting: ❌ None
Market-Rate Ownership: ✅ Full equity
Limited Equity Co-op: ✅ Modest, capped
Affordability for Next Household
Renting: ❌ No
Market-Rate Ownership: ❌ Market-dependent
Limited Equity Co-op: ✅ Resale restrictions
"We make decisions about our building together. I've learned more about homeownership here than I ever would have on my own."
— Co-op Member, Ward 7
Governance & Community
Co-op members collectively govern the building with the support of Douglass CLT.
1
Attend an Information Session
Learn how co-ops work and what's expected of members
2
Buy Your Share
Purchase a share that secures your occupancy
3
Participate
Join meetings and make decisions as a member-owner
4
Resale
Sell your share at a capped price to keep it affordable for others
Ready to Take the Next Step?
Explore available co-op opportunities or start your application to become a member.
