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The Urban Homesteading Assistance Board transforms renters into homeowners who collectively own and democratically govern true housing co-operatives that will remain affordable, in perpetuity, to people of modest means.
Our work is based on five core principles.
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I. Self -Help
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Gives residents the tools to rehab and develop their own buildings. When residents take control of their housing, it not only improves buildings and strengthens neighborhoods; it transforms lives. |
| II. Democratic Residential Control |
Co-ops are democracies in action. Inclusive, transparent leadership, and the full participation of all residents - enabled by resident education -makes democratic governing possible.
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| III. Shared-Equity Cooperative Ownership |
By allowing departing shareholders to recoup the original cost of their shares plus a modest profit we preserve the co-op's affordability. While buyers forego possible future profits for the immediate financial gain of the low-priced purchase and monthly housing costs, over 30 years, we've seen thousands of low- and moderate-income families embrace the bargain.
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| IV. Housing Quality |
Urban housing should be built to last for generations. Our construction and rehabilitation work always exemplifies the highest standards of design, durability, energy efficiency, and environmental consciousness.
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| V. Continuous Learning |
Continuous learning is the key to sustaining housing cooperatives. Through its extensive training and technical assistance services, UHAB provides on-going opportunities to both its own staff and co-op residents to increase their knowledge and skills. |
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