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Co-op city in the Bronx, a Mitchell–Lama development [1]. The Mitchell–Lama Housing Program is a non-subsidy governmental housing guarantee in the state of New York.It was sponsored by New York State Senator MacNeil Mitchell and Assemblyman Alfred A. Lama and signed into law in 1955.
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.
Amalgamated Housing Cooperative (1927, 1947–49, expansion 1952–55, 1968–70 Bronx, "The Amalgamated", 1,435 units; still operating as a co-operative; Amalgamated Dwellings (1930), in Cooperative Village, Lower East Side of Manhattan, New York City, 236 units; Hillman Housing Corporation (1947–1950), in Cooperative Village, 807 units
Co-op City (short for Cooperative City) is a cooperative housing development located in the northeast section of the borough of the Bronx in New York City.It is bounded by Interstate 95 to the southwest, west, and north and the Hutchinson River Parkway to the east and southeast, and is partially in the Baychester and Eastchester neighborhoods.
Cooperative Development Services (CDS) is a nonprofit organization engaged in cooperative development in the United States. CDS works primarily with food cooperatives and senior housing cooperatives, providing consultation services and co-sponsoring conferences and programs for board members, managers and other professionals in the cooperative sector.
In the United States, subsidized housing is often called "affordable housing". Forms of subsidies include direct housing subsidies, non-profit housing, public housing, rent supplements/vouchers, and some forms of co-operative and private sector housing. Increasing access to housing usually contributes to lower poverty rates. [1]
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 ...
Cohousing differs from standard condominium development and master-planned subdivisions because the development is designed by, or with considerable input from, its future residents. The design process invariably emphasizes consciously fostering social relationships among its residents.