The Carver Terrace Community Building Project: Resident Attitudes towards Homeownership
The Carver Terrace housing development, located in Northeast Washington D.C., was recently purchased and renovated by the Telesis Corporation as part of a fifteen year plan designed to give residents the opportunity to buy their current housing units below market price. Their ultimate goal is to create a mixed income community in Carver Terrace, while displacing as few residents as possible. This research project, in collaboration with Dr. Sam Marullo, utilizes data from resident focus group sessions and an extensive survey conducted by both student and resident volunteers within the Carver Terrace community. I have used this data to focus on residents’ positive or negative perceptions of homeownership. In addition, I have explored how these opinions may help or hinder the Telesis Corporation’s plan to transition the Carver Terrace residents to homeownership. Findings show that residents are interested in homeownership, stating that they would like to own their own home for financial or security reasons. However, they are not interested in owning their current housing units. Many residents stated substandard renovation materials, dissatisfaction with management and a lack of parking as reasons for not wanting to own at Carver Terrace. Based on the condition of the Carver Terrace housing units, research findings suggest that resident’s negative opinions regarding the purchase of their current apartments may, in fact, hinder the Telesis Corporation’s plan to transition the residents to homeownership.
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