CHUC: Affordability in Perpetuity

With Grace Kim

Capitol Hill Urban Cohousing (CHUC) is a unique community in many ways. With nine families living on 4500sf of land, we are the smallest and yet most dense (90 units to the acre) cohousing community in North America. In addition, we have a unique ownership model that prioritized affordability in perpetuity – the legal structure is an LLC that owns an apartment building, where all the renters are members of the company who owns the building. In practice it is something between a co-op, a no-equity condo, and a rent-controlled apartment building. Learn about our unique model to see what lessons learned may be gleaned for your future community.