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Portland bets on co-ops to meet need for affordable housing

Over the last year, the City Council has partnered with two fledgling organizations to develop three city properties into housing cooperatives, which are owned and managed by residents, not a landlord. ....

Mount Desert Island , United States , New York , North Deering , San Francisco , Jack Soley , Douglass Commons , Jill Duson , Brian Eng , Houssein Abdi , Fiston Mubalama , Nicholas Mavodones , Kate Snyder , Zack Barowitz , Julian Rowand , Housing Committee , Szanton Company , Community Development Block Grant , Human Services , Development Institute , Greater Portland Land , Maine Department Of Health , City Council , Maine Cooperative Development Partners , Greater Portland Community Land , National Association Of Housing Cooperatives ,

In new Portland housing plan, residents buy instead of rent

Buyers get a home under market value in exchange for doing the same if they sell ....

United States , Cumberland County , Scott Vonnegut , Economic Development Department Mary Davis , Greater Portland Land , Us Census Bureau , Greater Portland Land Trust , Back Cove , Tim Wells , Acting Director ,

Portland bets on co-ops to meet need for affordable housing

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Fiston Mubalama stands outside a housing cooperative apartment building on Pierce Street in Lewiston on Sunday. Mubalama moved into a three-bedroom unit in the building over a year ago and likes the cooperative ownership model. “With the co-op, it’s way different, because we all look out for each other,” he says.
Gregory Rec/Staff Photographer
Back in March, Houssein Abdi attended a special meeting to find a way to help fellow tenants whose lives were just starting to be upended by the coronavirus pandemic.
They hatched a plan to prevent any tenants from being evicted for nonpayment of rent and to help find additional support for five households struggling to make ends meet. ....

Mount Desert Island , United States , New York , North Deering , San Francisco , Jack Soley , Douglass Commons , Jill Duson , Brian Eng , Houssein Abdi , Fiston Mubalama , Nicholas Mavodones , Kate Snyder , Nathan Szanton , Zack Barowitz , Julian Rowand , Housing Committee , Community Development Block Grant , Human Services , Development Institute , Greater Portland Land , Maine Department Of Health , City Council , Maine Cooperative Development Partners , Greater Portland Community Land , National Association Of Housing Cooperatives ,