Housing co-ops are democratic organisations controlled by their members, who actively participate in setting their policies and making decisions. They welcome many different people, including those of different cultural backgrounds, diversities, and income levels. Check out this video about the many benefits of living in this type of community-led housing.

Benefits of cooperative housing
Housing co-ops welcome many different people, including those of different cultural backgrounds, diversities, and income levels.

Cooperatives are democratic organisations controlled by their members, who actively participate in setting their policies and making decisions.

This allows co-op members greater control over their living environment and fosters a strong sense of pride and community.

Higher member satisfaction also means members tend to stay long-term, which leads to reduced operating expenses and a more stable community.

Unlike regular renters, co-op members have security of tenure.

This means they can call the co-op home as long as they follow the co-op rules and pay their housing charges in full and on time.

Because cooperatives operate on a not-for-profit basis, housing remains affordable for future generations.

In some countries, housing co-ops provide subsidized rent, supporting members with lower incomes.

The cooperative housing model has been adopted in more than 70 countries and it’s gaining popularity among seniors, students, and families thanks to its many benefits.

Cooperatives provide education and training for their members, elected representatives, managers, and employees so they can contribute effectively.

This education and training provides benefits to members that they can use in other areas of their lives.

Diversity and inclusion are an important part of cooperatives.

Cooperatives work for the sustainable development of their communities and aim to achieve the United Nations Sustainable Development Goals.

Community is at the heart of cooperative housing.

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