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701 K Street NE
On January 4th, after much hard work and dedication, the members of 701 K Street NE tenant association officially acquired their building becoming one of the newest tenant purchases in DC. This milestone comes amidst rapid gentrification in the surrounding area and represents a major win in the struggle to prevent displacement and preserve affordable housing in the area.
The cooperative had the support and guidance of various organizations including the Latino Economic Development Center (LEDC) and the DC Tenants Rights Center. Mi Casa, Inc. began working with the tenants in December 2021, and has worked with them every step of the way from voting to pursue the Limited Equity Cooperative ownership model, to fundraising for earnest money deposit, to now acquiring their building.
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