Limited Equity Housing Cooperatives

Abstract

This paper describes the processes and procedures to obtain cooperatively owned housing for elderly individuals who have too many assets to qualify for public housing and not enough assets to be served by the conventional private sector of the housing market. The paper outlines the concepts of the separation of the building of equity from the services of the home. The elderly and the poor cannot afford and/or don’t need equity build-up in a home but do need the services of the home. This paper describes one way that this limiting of equity can be accomplished.

Additional information

Notes on contributors

Keith Moyer

Mr. Moyer is an Assistant Professor, Housing, School of Family Resources and Consumer Sciences, University of Wisconsin, Madison.