A Limited Equity Co-op (LEC) is a group of members who own equal shares in a corporation that owns and manages the building they live in. Unlike many traditional homeownership options, you do not need a lot of money and you do not need to take out a loan to join a LEC. To learn more about LECs, watch this “Is a Co-op Right for You?” video.
For more information or to apply, reach out to the management company identified in the listing.
Girard House Co-op is located at 744 Girard St in the Columbia Heights neighborhood near the U Street Metrorail and Metrobus lines. It has a living room with lots of space and hardwood floors and a kitchen with energy-efficient appliances.
Available Now: 4 One bedroom units
Contact EJF Real Estate at (202) 537-1801
701 K St Tenant Association is in the process of becoming a co-op and people who join this association will get to be part of the process of forming this new co-op.
Their building is located in the North Capitol Hill neighborhood near bus lines and the Metrorail Red line. The Farmers Market, grocery store, and Union Station are all in walking distance from the co-op, and the units have large bedrooms with hardwood floors.
Available Now: One bedroom units
Contact Jeffery Charles & Associates at (703) 924-5900
11 Nicholson St Tenant Association is in the process of becoming a co-op and people who join this association will get to be part of the process of forming this new co-op. Their building is located in the Manor Park neighborhood near the Takoma Park Metrorail and Metrobus lines.
Available Now: One bedroom units
Contact Jeffery Charles & Associates at (703) 924-5900
Working with the current residents, Mi Casa, Inc. and Douglass Community Land Trust (Douglass CLT), purchased a building in the Fairlawn community to prevent displacement and keep the units there permanently affordable. We are currently working with the residents to convert the rental units into a form of resident ownership that enables housing security and helps to build wealth for communities historically not given the opportunity through the traditional real estate market.
There are currently three units occupied by artists, and we’re looking to add to this diverse and creative community. Apply to live in a one bedroom unit with den in a four-unit building in Fairlawn neighborhood, and join this community dedicated to the cultural arts and resources East of the River
