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A housing cooperative, or housing co-op, is a legal entity which owns real estate consisting of one or more residential buildings. The entity is usually a cooperative or a corporation and constitutes a form of housing tenure. Typically housing cooperatives are owned by shareholders but in some cases they can be owned by a non-profit organization.
Cohousing is an intentional, [1] self-governing, [2] cooperative community where residents live in private homes often clustered around shared space. [3] The term originated in Denmark in the late 1960s.
A housing cooperative is a legal mechanism for ownership of housing where residents either own shares (share capital co-op) reflecting their equity in the cooperative's real estate or have membership and occupancy rights in a not-for-profit cooperative (non-share capital co-op), and they underwrite their housing through paying subscriptions or ...
A student housing cooperative, also known as co-operative housing, is a housing cooperative for student members. Members live in alternative cooperative housing that they personally own and maintain. These houses are designed to lower housing costs while providing an educational and community environment for students to live and grow in.
Co-operative housing is controlled by the members of the co-op, which is run by a board of directors. There is no outside landlord. In most cases, all residents of the co-op become members and are owners, and agree to follow certain by-laws.
A building co-operative is a co-operative housing corporation where individuals or families work together to directly construct their own homes in a cooperative fashion. Members of this type of co-operative purchase building materials in bulk and co-operate with other members of the co-op during the construction phase of the co-operative.
NASCO acts as the organized voice of the "group-equity" cooperative housing movement, both in terms of bringing together student and community co-op activists, [4] and in maintaining relationships with national cooperative organizations, including the National Cooperative Business Association and the Cooperative Housing Federation of Canada.
Housing co-partnership was a social movement that developed alongside the garden city movement in Britain between 1900 and 1914 and which financed and built most of the suburbs and villages associated with that movement. It was also a unique form of tenure combining features of a tenant co-operative and a limited dividend company.