Van Ness North is a cooperative housing community located in Washington, DC. Owned by a not-for-profit corporation, the residents hold stock in the corporation, allowing them to reside in specific apartments leased from the corporation. The cooperative is governed by a board of directors and offers a unique ownership structure that differs from traditional condominiums.
With a focus on affordability and community living, Van Ness North provides residents with the benefits of homeownership without the burden of individual mortgages. The cooperative's legal structure allows for financing through share loans, and the approval process for new owners is limited by anti-discrimination laws. Offering a convenient location and a range of amenities, Van Ness North is an attractive option for those seeking cooperative housing in the District of Columbia.
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