Renting Partnerships addresses a fundamental economic injustice by challenging the exclusive rights of property owners to control housing decisions and build wealth. We are an innovative nonprofit community with a unique form of cooperative management developed by our founders, known as Rental Equity. This pioneering system offsets expenses typical in rental housing to fund financial credits for member households - without the barriers of traditional homeownership. Our residents not only stabilize their lives but also experience transformative growth in every aspect: physically, intellectually, spiritually, and economically.
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Opportunities & Challenges
The Avondale Quality of Life Plan and Housing our Future, the housing plan for Cincinnati and Hamilton County, both include Rental Equity as a key strategy for maintaining affordable housing in existing neighborhoods. However, large developers and corporate investors still receive almost all of the financial subsidy available for affordable housing development. Public agencies and banks are not prioritizing equity related to the racial wealth gap and economic opportunity, anti-displacement, inclusion, and self-determination for residents. In order to expand the Renting Partnerships model on both a local and national level, we need investors aligned with our values. Contact us to learn more.
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