VANGUARD INVESTIGATION: City Actions Put Affordable Housing Residents of DACHA in Considerable Legal Peril
Those interested in living in these units buy a share into the cooperative which makes them a member of DACHA. Each individual needed to buy a share and also make a month carrying charge toward the costs of the unit and the cooperative. This is a limited equity arrangement, meaning they would buy into their share, and they would accrue interest but not really equity over time until the point in time that they would sell their unit, at which time they would get their original share amount plus interest.