Housing co-operatives are found throughout the city in many forms, from apartment buildings to townhouse communities like Mondragon. Co-ops provide affordable housing for people from diverse backgrounds—including families, seniors, singles, and those with special needs. This mix helps create a welcoming and inclusive community where members support one another and build lasting connections.
Co-op housing is owned and governed by its members. When you join, you become a member with equal voting rights, not just a tenant. Members elect a board of directors from among themselves to manage the co-op, approve budgets, and set monthly housing charges to cover expenses. Security of tenure means members can stay in their homes as long as they follow co-op rules, giving residents a real voice in how their community is run.
Co-ops have guidelines everyone agrees to follow that help keep the community safe, fair, and well-maintained. These rules cover how members share responsibilities, manage common spaces, and support one another. Following these rules ensures that everyone benefits from a stable, affordable, and respectful living environment.
Co-operative living is based on shared values like responsibility, fairness, and mutual support. Members actively participate in decision-making and work together to maintain a respectful and welcoming community. Honesty, openness, and social responsibility are key principles that help members care for each other and create a home where everyone feels valued and secure.
Membership in a housing co-op is open to all who can use the co-op’s services and accept the responsibilities of being a member, without discrimination.
Housing co-ops are controlled by their members. Each member has one vote. Housing co-ops give members the information they need to make good decisions and take part in the life of the co-op.
Members contribute financially to the co-op and share in the benefits of membership. The co-op does not pay a return on the members’ shares or deposits. Instead, it sets aside reserves for the future and charges the members only what it needs to operate soundly.
Housing co-ops are independent associations. They follow the laws that apply to them and their agreements with governments or other organizations. But the members control the co-op.
Housing co-ops offer education and training to the members, directors, and staff so that everyone can play a full role in the life of the co-op. Housing co-ops find ways to tell the public what they are and what they do.
By organizing together in federations, housing co-ops grow stronger and help to build a healthy co-op movement. Where they can, housing co-ops use the services of co-op businesses to meet their needs.
Housing co-ops work to build strong communities inside and outside the co-op. They help to improve the quality of life for others and they take care to protect the environment.
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