Living in a housing co-op is different from living in a regular apartment building. In a housing co-op you are part of a community. In a co-op you get to know your neighbours. Because members come together to make decisions, they share a sense of ownership and pride in their home. The staff and Board of Directors convey information directly to the members during meetings and through newsletters. This way you know what's going on in your building, you know what's planned for the future, and you have an opportunity to have input in many of the decisions to be made.
The co-op is governed by a set of by-laws and policies that have been approved by the membership – the people living in the co-op. Of course, as in any democracy, the majority rules, so you may not always get the outcome you want, but you have a chance to take part in the discussion and have your voice heard.
Social events are held throughout the year and are a great way to meet your neighbours. You can also volunteer to help organize events that you think people might enjoy.
What are the benefits of living in a co-operative community?
- A welcoming atmosphere where neighbours know each other
- A chance to have input into decisions
- Communication from the building management
- Social events open to all members