When Housing Coop CEO says $8B investment would fund community housing

Housing cooperatives, which make housing available to low-income people in underserved communities, have emerged as an alternative to rent control in some cities.

But they’ve also faced criticism for not meeting the standards of social housing, which requires that residents get some sort of housing and that they get access to services like social services.

Housing coops are not subject to rent controls. 

And they’ve been criticized by advocacy groups for their policies.

A 2015 report by the Urban Institute, a left-leaning think tank, found that “housing coops in low- and moderate-income communities do not have the required social housing support.”

“A lack of social services, and inadequate or insufficient rental subsidies, make housing coops a poor choice for low-to-moderate-income families and families with children,” the report said.

“These groups are also more likely to be the target of eviction.” 

And in February, Housing For America, an advocacy group that focuses on housing affordability, released a report on “housing cooperatives in America,” which concluded that “there is no data to support the argument that the housing coop model has the most to offer low- or moderate- income families in terms of reducing displacement and promoting equity.” 

In June, the Housing Works advocacy group released a new report on the state of coops.

The group found that the majority of coop households in urban areas are low- to moderate-wage workers.

But “there are some areas in which coops have a higher percentage of high-wage earners, but they’re still very low in terms