How Limited Equity Co-ops Can Sustain Affordable Homeownership
NonProfit Quarterly
FEBRUARY 12, 2025
One tool that is available to nonprofit housing developers to address this situation is the limited equity cooperative (LEC). The Launch of Limited Equity Cooperatives The LEC is a tool developed to extend access to homeownership to low- and moderate-income buyers. First, acquisition costs in high-demand areas can be expensive.
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