The Housing Cooperative Model

The Housing Cooperative Model is a system where residents collectively own and manage their housing. Instead of renting or owning apartments outright, members buy shares in the cooperative, granting them right to live there and participate in decision-making. The cooperative handles maintenance, upkeep, and finances collectively, often resulting in more affordable and stable housing. This model fosters a sense of community, shared responsibility, and democratic control, aligning residents’ interests to maintain and improve their homes collaboratively. It’s a way for people to have secure, affordable housing while actively managing their living environment.