Cooperative Housing: An Overview of Various Federal and State Programs That Provide Financial and/or Technical Assistance in the Development of Housing Cooperatives

摘要

This report is an overview of various Federal and State programs that provide financial and / or technical assistance in the development of housing cooperatives. This program analysis supports a national demonstration program on cooperative housing, the Rural Cooperative Housing Demonstration Program (RCHD). The RCHD is designed to test the viability of small, self - managed housing cooperatives for low - income families in rural communities of the United States. The report presents an analysis of Federal programs applicable, or potentially applicable to housing cooperatives within rural communities. Each program description includes a detailing of the type and level of assistance, program objectives, eligibility requirements, application requirements and procedures, and uses and user assessment. Programs which provide a high level of assistance are analyzed in depth, while programs with limited support levels are reviewed briefly. The report then examines State - supported programs for California, Massachusetts, Michigan, and New York. These States were selected because of their high levels of cooperative housing activity. In each case, the extent to which statewide programs contributed to this cooperative housing activity is examined. Following each State description, a summary matrix describes the types of housing - related programs in the State and their applicability and restrictions. Tables, footnotes, and appendices of related information are included. (Author abstract modified).