Urban Studies and Planning Commons^™

A Framework For Cooperative Housing In Portland, Me: Lessons From 13 Existing Cooperative Houses In The U.S., Cyndi Gacosta

Muskie School Capstones and Dissertations

Cooperative housing may be a viable and financially-sound alternative for individuals and families of low to moderate income, as Portland, Maine’s downtown area becomes gentrified raising property values to unaffordable heights. Of the 13,546 family households in Portland, 8.7% earn below $25,000, which for an average family of four $24, 250¹ is considered to be in poverty, and 18.4% earn between $25,000 and $50,000. Meanwhile, 13.2% of the 16, 561 non-family households are below the poverty line, and 27.5% earn between $25,000 and $50,000 (US Census Bureau, 2014).

As it becomes increasingly difficult for low to moderate income earners …