Capital Manor Coop
Jair Lynch served as the development manager of this former Section 8 rental community after its residents purchased the building through the District of Columbias Tenant Opportunity to Purchase Act. The development team, which included Manna Inc. and The Harrison Institute, assisted residents with what the Washington Post called the purchase of a lifetime. Jair Lynch helped the newly formed Capital Manor Cooperative find financing from the District’s Department of Housing & Community Development, the U.S. Department of Housing & Urban Development and the National Coop Bank to purchase and renovate the buildings. By repositioning the former Section 8 rental building into an affordable cooperative, Jair Lynch helped preserve these affordable units in one of the citys most rapidly gentrifying neighborhoods. The project was completed in 2005.