C Street Co-op
— The Revillaging Project —
A scalable model for developing resident-owned, infill housing on typical residential lots, permanently affordable to people with low-incomes.
Location: Springfield, Oregon
Type: Limited Equity Co-op
Size: 6 units on 0.1 acres
Status: Under Construction
Carrying Charge: $788/month
Target Population: 60% area median income
As we face our nation’s housing crisis, cities are struggling to accommodate a growing population in neighborhoods zoned exclusively for low-density, single-family housing—which comprises roughly two-thirds of the existing housing stock here in Oregon.
The Revillaging Project reimagines our neighborhoods as vibrant communities capable of supporting a diversity of housing types, affordable to a broader mix of people.
This collaboration between Cultivate and SquareOne Villages puts forth a scalable model for compact, resident-owned, infill housing on typical residential lots, permanently affordable to people with low-incomes.
This vision is supported by historic legsliation: Oregon recently became the first state to ban single-family zoning, requiring cities to allow for duplexes, triplexes, fourplexes, cottage clusters, and townhouses on any lots that allow for deatached single-family housing. To build on this momentum, Cultivate and SquareOne have teamed up to develop a pilot project in Springfield, known as the C Street Co-op.
Once complete it will provide six one-bedroom units affordable to someone earning just 60% of the area median income, with monthly housing costs of $788 per month. Future residents will collectively own the housing as part of a limited-equity co-op, and SquareOne will retain ownership of the land. This helps assure affordability for generations to come.
Construction is expected to be completed in August 2021. If you're interested in living at C Street Co-op, please keep reading below!
We're currently accepting applications!
Step 1: Review the Project Overview to learn more about the design and ownership struture of the housing being offered.
Step 2: Review the C Street Co-op Application Packet. If you meet the membership selection criteria, please follow the instructions for filling out and submiting an application.