What is community ownership? How can we create equitable development and curb displacement?
Join us for a daylong workshop where we will hear about national models and local opportunities to create more affordability and counter displacement. Specifically, this interactive workshop will focus on Limited Equity Housing Cooperatives, Community Land Trusts, and how these models can complement each other and build community ownership.
Come learn from our inspiring national guests as well as our local resources.
10:30- Settling in, coffee, food, etc.
11:00- 11:30 Welcome, introductions, and why we are here
11:30- 1:30 Community Land Trusts and Community Ownership Workshop- TRUST South LA
2:00-5:00 Limited Equity Housing Cooperatives Workshop- Urban Homesteading Assistance Board
6:00-7:30 Visions for Community Ownership Panel (doors open at 5:30)
(more info about evening panel here: http://bit.ly/housingisahumanright)
Urban Homesteading Assistance Board: UHAB empowers low- to moderate-income residents to take control of their housing and enhance communities by creating strong tenant associations and lasting affordable co-ops. UHAB has now assisted in the preservation of more than 1,600 buildings (comprising 1,350 housing cooperatives), creating home ownership opportunities for residents of more than 30,000 apartments. Over the years, UHAB has developed a unique expertise in serving the needs of the city's limited-equity co-op community. Today, New York City has the largest number of affordable co-ops in the country.
T.R.U.S.T. South LA: T.R.U.S.T. South LA is a community-based effort that works to stabilize the neighborhoods south of Downtown LA, where increased property values and rents have pushed out many long-term residents. T.R.U.S.T.’s mission is to serve as a steward for community-controlled land; to be a catalyst for values-driven, community-serving development; to build awareness and community leadership in issues of housing, transportation and recreation; and to create programs and initiatives that encourage community building and economic opportunity.
Limited Equity Housing Coops: Housing cooperatives provide an alternative to the traditional home ownership. When you buy into a co-op, you become a shareholder and member of a corporation that collectively owns the property. As a coop member, decisions are made through democratic processes. “Limited equity” coops set restrictions on the price at which shares may be bought and sold to retain affordability.
Community Land Trusts: Community land trusts are nonprofit, community-based organizations designed to ensure community stewardship of land. Community land trusts can be used to ensure long-term housing affordability, including home ownership opportunities.
Hosted by: Puget Sound Sage and Councilmember Mike O'Brien
Sponsored by: King County and Seattle Foundation- Communities of Opportunity and The Seattle Public Library- Central Library
Partners: Tenants Union of Washington • Homesight • Homestead Community Land Trust • Africatown • Rainier Beach Action Coalition • Washington Low Income Housing Alliance • Seattle Planning Commission • Race & Social Equity Task Force • Seattle Office of Housing