An Assessment of Boston’s Housing Cooperatives

BOSTON (January 25, 2023) – As the nation’s housing crisis escalates, affordable solutions feel scarce, especially in high-cost areas like Metro-Boston. Increasingly, attention is turning to income-restricted housing cooperatives as a permanent solution that offers stability for communities and an accessible path to homeownership for low-to-middle income residents. A new report sponsored by the Mayor’s Office of Housing and Community Economic Development Assistance Corporation (CEDAC) and produced by the Cooperative Development Institute was just released. The report highlights the CEDAC and the City of Boston’s historic and current efforts to promote cooperatives as an effective and permanent solution for the ongoing housing crisis.

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SourceCEDAC Research and Reports