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community building

Cooperative Housing that Includes Income Producing Businesses

Issue(s): Housing
Summary of the Solution:

I propose that the federal government subsidize part of the original investment needed to develop a national network of unusually comprehensive housing cooperatives. Long-term fixed-interest government loans would be needed to help with the costs of purchasing, renovating and maintaining the property and to pay for the necessary training and salaries of resident employees until the earned income of community businesses can cover their costs. The project's intention would be to provide for most of its residents' social and economic needs, as well as for their housing.

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