Looking for solutions that address your community’s housing needs? Continue reading to learn about alternative models of ownership. Affordable housing cooperatives, community land trusts, and resident-owned communities provide stable, affordable housing and allow residents to meet their needs on their terms.
On July 31st, the Strengthening Cooperative Communities project and the NCBA CLUSA’s Cooperative Development Foundation (CDF), hosted a webinar to introduce three shared equity housing models, providing a high-level overview of the benefits of each, the differences between them, and how they can be applied to redress the inequities committed upon historically and currently underserved communities. The webinar also explored how these models can work in agricultural and producer communities across America’s farmlands, and what USDA funds are available to support new and existing projects. For panelist presentations, a recording of the webinar, and contact information of our panelists, please see below.
Panelist Contacts
Damon Mason Director of Housing and Community Engagement, Rondo Community Land Trust damon@rondoclt.org |
Rose Ojeda |
Mark Fick Senior Loan Officer Shared Capital Cooperative mark@sharedcapital.coop |
Andria Hively Branch Chief, Special Programs, Single Family Housing Direct Division, Rural Development, USDA andria.hively@usda.gov |
View the webinar recording
USDA Single Family Housing Direct Programs
Introduction to Limited Equity Housing Cooperatives
Shared Equity Housing Through Resident-Owned Communities
To learn more about shared equity housing models, contact these expert organizations who are on the Advisory Group of CDF’s Affordable Housing Initiative. Click the logo of each organization to be directed to their website.
For Residents of Texas, contact FHL Bank Dallas for additional information on housing programs for co-op owners
Steven Matkovich
AHP Rental Projects Manager
steven.matkovich@fhlb.com
Other Important Links and Funding Opportunities to keep in mind:
HUD
- Section 202 (senior housing, LEC eligible)
- Section 213 (co-op housing)
- CBDG (HUD monies locally administered via states and cities)
Rural Development
- RCDG
- SDGG
- MFH – on-farm/off-farm labor housing programs
- Section 502 – Single Family Housing Direct Loans
- Section 504 Single Family Housing Repair Loans and Grants
- Only for leasehold (CLT’s, ROC’s, etc.)
- Section 533 Housing Preservation Grant Program
- Section 524 Rural Housing Site Loans