Like so many other small towns in this region, Meadville is struggling to meet the needs of its residents when it comes to quality affordable housing. There is just not enough money flowing in our little city. 25% of properties are blighted. Many low-income residents live in unsafe conditions. Recent studies have shown that a majority of low-income Meadville residents are working full time and still can’t make ends meet.
That’s why Common Roots is pioneering a new approach to affordable housing. We acquire properties in struggling neighborhoods, rehabilitate them with help from our volunteers and financial support from grant-makers, and operate them as a renting cooperative. Here’s how it works:
Our cooperative housing approach is empowering for residents and efficient for donors and investors. Cooperative housing gives residents a voice and housing security, while creating wealth directly for the people and neighborhoods who need it most, not outside developers and/or owners.