When you join EDC, you get the same voting power regardless of the size of your investment: That means workers that have invested $600 and those who’ve invested $10,000 hold the same weight when we make decisions. Using this cooperative model, we promote collaboration among different stakeholders to ensure the entire community works towards social issues of sensible housing, workforce development and environmental sustainability.
Evanston residents are experiencing a growing mismatch between housing sizes and needs as homes are becoming bigger and more expensive. When aging couples want to downsize or young families hope to buy their first homes, they have few flexible options within the city. EDC homes fill this growing gap.
EDC recognizes two major issues impacting our community: First, there is a high unemployment rate among Evanston’s youth; and second, there is a shortage of trained construction workers throughout Illinois. By providing green construction job training to young Evanstonians, EDC offers paths to well-paid, secure construction jobs and ownership of our cooperative.
Last year, Evanston announced its plan to transition entirely to renewable energy by 2030 in its Climate Action and Resiliency Plan. Because the built environment is responsible for the greatest percentage of energy use, we need to build homes that minimize energy consumption. EDC homes will be high-quality and resilient, reducing costs and environmental footprints for residents.