Park East
Affordable Housing
Cooperative Project
Working to preserve forever-affordable, community-controlled housing in Northwest DC​
Our Goal
Our 88-unit apartment building is for sale, and we are in the process of purchasing it to become a limited-equity co-op that preserves affordable housing in Adams Morgan, DC.​​​​​​
We need community support and investment to make our goal a reality.
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We are actively seeking donations and low-interest community loans from individuals and organizations who want to support resident-owned, forever-affordable housing in DC. We would also appreciate your help spreading the word about our project, hosting fundraising and community events, sharing stories and advice, and any other forms of support you might be able to offer.
Our Story
When our building went on the market last year, we mobilized to form a Tenant Association and took a vote on how we wanted to use our Tenant Opportunity to Purchase (TOPA) rights, a unique DC law that gives us the chance to buy our own building. Together, we decided to try to turn our building into an innovative model of affordable housing: a limited-equity co-op. Our plan is to eventually put the property into a community land trust that ensures its affordability in perpetuity.
This is a unique housing model that keeps units affordable forever, a critical intervention in our diverse and increasingly unaffordable neighborhood. ​
Our Community
We believe in the power of collective ownership and the necessity of creative solutions to housing affordability in DC.
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We are residents who just moved to the city, residents who have been living in this very building for 20+ years, and everyone in between. We are teachers, nurses, librarians, tour guides, writers, researchers at the Zoo, retirees, and more. We want to preserve the diversity of our building's community today and for the years – and decades – to come.
