Cooperative Housing Models

Cooperative housing models are systems where residents collectively own and manage their housing units through a cooperative corporation. Members buy shares in the cooperative, giving them the right to live in a unit and participate in decision-making. Unlike traditional rental apartments or owning a home outright, residents share responsibilities for maintenance, policies, and costs, promoting affordability and involvement. This model often emphasizes community, democratic control, and shared benefits, making housing more accessible and sustainable for members while maintaining collective ownership and management.