Real estate in Ward 2 that is owned by us
Every few months, another friend is pushed out of their home as rent hikes, property flips, and landlord whims force them to leave. DC’s 10% annual rent cap means a $1,000-a-month apartment costs $1,600 in just five years, far outpacing most wage increases. The result? Ward 2 is one of DC’s most gentrified and transient neighborhoods, with long-time residents leaving in search of affordable housing. And the rest of us? Crammed into tiny studios or group homes shared with 11 roommates.
But it doesn’t have to be this way. We can take control of our lives in a tangible way: by collectively owning the land we live on. We’re proposing a bold solution: a collectively owned, nonprofit housing model that puts power back in our hands. Tenant-owners and community members will govern the cooperative, ensuring stable, affordable housing that keeps our neighbors rooted and resilient.
We believe we have the resources to rewrite this story. Together, we can own and manage real estate that builds equity for tenants, resists rent inflation, and preserves our community for generations to come.
Sound interesting? Fill in this form and we’ll be in touch.