Co-operative Housing Associations

Co-operative Housing Associations are organizations where residents collectively own and manage their housing. Instead of renting from a landlord, members buy into the co-op, gaining the right to live in a unit and participate in decision-making. The co-op is responsible for maintaining the property, setting rules, and setting affordable rent levels for members. This model promotes community involvement, shared responsibilities, and often offers more affordable housing options. In essence, co-operative housing emphasizes collaborative ownership and management, aligning residents’ interests and fostering a sense of community while providing stable, cost-effective homes.