Own a Home in Just Four Years? This Co-Op Program Keeps Workers in the Neighborhood

Yessenia Funes

Yessenia Funes writes about the Evergreen Cooperatives' home-buyer program in Yes! Magazine's Fall 2015 Debt Issue. 

Evergreen started this unique home-buyers program three years ago. Today, nearly half of its worker-owners have purchased homes through the program. Home ownership was unlikely for them before; many have bad credit or criminal records. Cedeño simply couldn’t afford the traditional route, which would have meant a down payment—and debt. “I didn’t want to have debts so large,” he explains, “so this opportunity came, and I took advantage of it.”

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