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Frolic Community

Frolic Community

Housing and Community Development

Seattle, WA 978 followers

Frolic helps people and communities build long-term affordable, cooperative housing.

About us

Using a development model we designed at MIT’s Center for Real Estate, Frolic partners with property owners facing displacement and co-develops their lots into multi-family cooperatives. Our projects range from 6-10 units and are affordable to low-wealth, middle-income, first-time homebuyers. Our design ethos centers on nourishing relationships between residents - with generous common space and facilities for group meals, work space, and a guest room. The ownership and financing of our projects balances long term affordability with wealth generation through small down-payments, low monthly expenses, and equity growth. We launched in Seattle in 2019 and have two projects in development. Please reach out to us if you would like us to work with your neighborhood.

Website
https://www.frolic.community
Industry
Housing and Community Development
Company size
2-10 employees
Headquarters
Seattle, WA
Type
Privately Held
Founded
2019
Specialties
Affordable Housing, Housing Cooperative, Real Estate Development, Shared Equity Models, Social Impact, Real Estate, Residential Real Estate, First-Time Homebuyers, Co-op, Housing Equity, Community Development, Homeownership Accessibility, and Financial Inclusion

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