NEWS CENTER Maine (Dec 2023) reported on MCDP’s work to add affordable homeownership in Portland — including a first-of-its-kind limited-equity housing cooperative alongside the for-sale condos.
The co-op model lets households own without a mortgage — a $5,000 share instead of a down payment — keeping homes permanently affordable. It’s another path to ownership for families who don’t fit a traditional mortgage. Learn about the co-op option →